9754 E Merrick RdLava Hot SpringsID83246
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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 Lava Hot Springs at 9754 E Merrick Rd, Lava Hot Springs, ID, 83246 listed at $359,900 pairs $2,108/mo rent with a $1,762/mo payment to leave $16/mo cash flow. Total monthly income runs $2,108/mo, and annual cash flow reaches $195/yr on $119,307 cash to close. Return on cash invested measures 20.07% in year one, and rental yield registers 7.03% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 103.25% and total cumulative return in cash totals $123,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,108/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.96 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83246, Lava Hot Springs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 635 (100%) |
| Owner Occupied HU | 351 (55.3%) |
| Renter Occupied HU | 94 (14.8%) |
| Vacant Housing Units | 190 (29.9%) |
| Median Home Value | $454,580 |
| Average Home Value | $576,083 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
63
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Listed by: Corrine Collins • ReMax Country Real Estate
Mls Name: PCTMLS
Mls Provider:
Mls ID: #577686
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, and that data is deemed reliable but is not guaranteed accurate by the MLS.