6505 E Richter DrHorseshoe 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 6505 E Richter Dr, Horseshoe Bend, ID, 83629 listed at $584,880 pairs $1,980/mo rent with a $2,863/mo payment. Total monthly income runs $1,980/mo. Return on cash invested measures 10.59% in year one, and rental yield registers 4.06% at a $584,880 basis. Equity gained on principal adds $3,774/yr, and annual property appreciation at 5% supports $161,592 by year five. Five-year ROI tracks 52.57% and total cumulative return in cash totals $101,153. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,009 sqft lot
$N/A/sqft
$399 quarterly 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: Shiloh Roethle • Homes of Idaho
Mls Name: IMLS
Mls Provider:
Mls ID: #98958808
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.