6530 E Lucy 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 6530 E Lucy Dr, Horseshoe Bend, ID, 83629 offers a 4.32% rental yield on a $549,880 purchase with $1,980/mo rent. 21% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,922 over five years. Portfolio math shows five-year ROI at 60.98% and total cumulative return in cash at $110,324. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
4,660 sqft 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: Shiloh Roethle • Homes of Idaho
Mls Name: IMLS
Mls ID: #98969446