5815 N Garrett StGarden CityID83714
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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 Garden City at 5815 N Garrett St, Garden City, ID, 83714 generates $3,809/mo in rent, after a $4,576/mo payment. Total monthly income is $3,809/mo. Return on cash invested sits at 13.94% in year one, and rental yield is 4.89% on a $935,000 entry. Equity gained on principal adds $6,033/yr, while 5% annual appreciation builds toward $258,323 over five years. Five-year ROI reaches 70.21% and total cumulative return in cash sums $215,972. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,809/mo property income rather than buyer’s personal income.
Multi Family
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83714, Garden City, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,610 (100%) |
| Owner Occupied HU | 9,078 (66.7%) |
| Renter Occupied HU | 3,891 (28.6%) |
| Vacant Housing Units | 641 ( 4.7%) |
| Median Home Value | $600,765 |
| Average Home Value | $659,634 |
Housing Distribution
Address Breakdown
Residential
13,026
Single Family
10,186
Multi-Family
2,840
Businesses
1,431
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Listed by: Darrin Jaszkowiak • RE/MAX Advisors
Mls Name: IMLS
Mls ID: #98959289