905 E 2nd StEmmettID83617
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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 905 E 2nd St, Emmett, ID, 83617 generates $2,093/mo in rent and, after a $1,561/mo payment, leaves $258/mo in cash flow. Total monthly income is $2,093/mo, and annual cash flow is $3,098/yr on $105,749 invested. Return on cash invested sits at 22.84% in year one, and rental yield is 7.87% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 118.02% and total cumulative return in cash sums $124,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,093/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
7,753 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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