609 S Middlefork RdGarden ValleyID83622
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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 Valley at 609 S Middlefork Rd, Garden Valley, ID, 83622 priced at $509,000 converts $1,110/mo rent into after a $2,491/mo obligation. Total monthly income equals $1,110/mo. Return on cash invested prints 7.03% in year one, and rental yield reads 2.62% against a $509,000 entry. Equity gained on principal adds $3,285/yr, while 5% annual appreciation compiles into $140,627 by year five. Five-year ROI reaches 33.21% and total cumulative return in cash sums $55,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,110/mo property income covering a $2,491/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83622, Garden Valley, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,868 (100%) |
| Owner Occupied HU | 883 (47.3%) |
| Renter Occupied HU | 115 ( 6.2%) |
| Vacant Housing Units | 870 (46.6%) |
| Median Home Value | $565,494 |
| Average Home Value | $584,258 |
Housing Distribution
Address Breakdown
Residential
931
Single Family
931
Multi-Family
0
Businesses
95
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Listed by: Raelynn Moroney • 208 Real Estate
Mls Name: IMLS
Mls ID: #98971982