6229 W Redland DrEagleID83616
Nearby investment properties with comparable rents
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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 Eagle at 6229 W Redland Dr, Eagle, ID, 83616 offers $5,434/mo rent that, after a $5,775/mo payment. Total monthly income is $5,434/mo. Return on cash invested measures 15.74% in year one, and rental yield stands at 5.53% at a $1,179,900 entry. Equity gained on principal adds $7,614/yr while 5% annual appreciation compounds into $325,985 by year five. Five-year ROI records 79.95% and total cumulative return in cash reaches $305,641. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,434/mo property income versus a $5,775/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.38 Acres lot
$N/A/sqft
$1,450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83616, Eagle, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,772 (100%) |
| Owner Occupied HU | 12,417 (78.7%) |
| Renter Occupied HU | 2,340 (14.8%) |
| Vacant Housing Units | 1,015 ( 6.4%) |
| Median Home Value | $776,460 |
| Average Home Value | $872,473 |
Housing Distribution
Address Breakdown
Residential
14,641
Single Family
14,555
Multi-Family
86
Businesses
1,562
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Listed by: Tracy Conklin • JPAR Live Local
Mls Name: IMLS
Mls Provider:
Mls ID: #98942663
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.