6 Harris Creek LnHorseshoe BendID83629
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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
Investment property for sale in Horseshoe Bend at 6 Harris Creek Ln, Horseshoe Bend, ID, 83629 earns $701/mo cash flow from $2,714/mo rent with a $1,713/mo payment. Total monthly income totals $2,714/mo, and annual cash flow totals $8,407/yr on $116,025 capital. ROI tracks 27.15% on current figures, and rental yield reads 9.31% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 141.13% and total cumulative return in cash sums $163,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,714/mo property income instead of your personal income.
Manufactured
Built in 1995
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83629, Horseshoe Bend, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 983 (100%) |
| Owner Occupied HU | 663 (67.4%) |
| Renter Occupied HU | 133 (13.5%) |
| Vacant Housing Units | 187 (19.0%) |
| Median Home Value | $572,977 |
| Average Home Value | $651,927 |
Housing Distribution
Address Breakdown
Residential
740
Single Family
740
Multi-Family
0
Businesses
82
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Listed by: Lucas Revaul • Homes of Idaho
Mls Name: IMLS
Mls ID: #98970195