940 S Prospect Peak WayEmmettID83617
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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 940 S Prospect Peak Way, Emmett, ID, 83617 generates $2,231/mo in rent and, after a $1,835/mo payment, leaves $58/mo in cash flow. Total monthly income is $2,231/mo, and annual cash flow is $699/yr on $124,313 invested. Return on cash invested sits at 20.47% in year one, and rental yield is 7.14% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 105.37% and total cumulative return in cash sums $130,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,231/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
5,662 sqft lot
$N/A/sqft
$190 annually 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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Listed by: Dan Klinge • Keller Williams Realty Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98949068
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.