7 Garrett LnCascadeID83611
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Nearby investment properties with comparable prices
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 Cascade at 7 Garrett Ln, Cascade, ID, 83611 offers $1,849/mo rent that, after a $1,591/mo payment. Total monthly income is $1,849/mo. Return on cash invested measures 19.68% in year one, and rental yield stands at 6.83% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 101.07% and total cumulative return in cash reaches $108,889. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,849/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
8.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83611, Cascade, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,628 (100%) |
| Owner Occupied HU | 1,156 (31.9%) |
| Renter Occupied HU | 203 ( 5.6%) |
| Vacant Housing Units | 2,269 (62.5%) |
| Median Home Value | $637,195 |
| Average Home Value | $703,821 |
Housing Distribution
Address Breakdown
Residential
805
Single Family
800
Multi-Family
5
Businesses
136
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