315 N Court StMontpelierID83254
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Montpelier at 315 N Court St, Montpelier, ID, 83254 generates $2,209/mo in rent, after a $1,933/mo payment. Total monthly income is $2,209/mo. Return on cash invested sits at 19.33% in year one, and rental yield is 6.71% on a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation builds toward $109,104 over five years. Five-year ROI reaches 99.2% and total cumulative return in cash sums $129,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,209/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83254, Montpelier, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,937 (100%) |
| Owner Occupied HU | 1,340 (69.2%) |
| Renter Occupied HU | 321 (16.6%) |
| Vacant Housing Units | 276 (14.2%) |
| Median Home Value | $283,088 |
| Average Home Value | $331,377 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,494
Multi-Family
74
Businesses
180
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Listed by: Katana Sorensen • Equity Real Estate (Bear River)
Mls Name: UtahRealEstate.com
Mls ID: #2110990