723 S Hayes AveEmmettID83617
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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 Emmett at 723 S Hayes Ave, Emmett, ID, 83617 priced at $240,000 converts $1,841/mo rent into $460/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,841/mo, and annual cash flow totals $5,520/yr on $79,560 invested. Return on cash invested prints 26.85% in year one, and rental yield reads 9.21% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 139.46% and total cumulative return in cash sums $110,954. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,841/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1912
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83617, Emmett, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,637 (100%) |
| Owner Occupied HU | 5,804 (76.0%) |
| Renter Occupied HU | 1,561 (20.4%) |
| Vacant Housing Units | 272 ( 3.6%) |
| Median Home Value | $431,133 |
| Average Home Value | $481,036 |
Housing Distribution
Address Breakdown
Residential
7,249
Single Family
7,149
Multi-Family
100
Businesses
545
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