6531 S Evie WayHorseshoe 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 6531 S Evie Way, Horseshoe Bend, ID, 83629 earns from $1,980/mo rent with a $2,594/mo payment. Total monthly income totals $1,980/mo. ROI tracks 12.71% on current figures, and rental yield reads 4.48% at a $529,880 purchase. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,396 over five years. Five-year ROI reaches 63.64% and total cumulative return in cash sums $110,945. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 2025
5,052 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: Jenny Price • Homes of Idaho
Mls Name: IMLS
Mls ID: #98969601