9924 Elm DrPayetteID83661
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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 Payette at 9924 Elm Dr, Payette, ID, 83661 uses $67,723 cash to close to unlock $8,456/yr annual cash flow and $705/mo monthly cash flow. Total monthly income runs $1,880/mo, and a $1,000/mo payment keeps the spread at $705/mo. Purchase price stands at $204,292, and rental yield measures 11.04% with $1,880/mo rent. Return on cash invested shows 32.39% in year one, and 5% annual appreciation builds toward $56,442 over five years. Five-year ROI reaches 169.24% and total cumulative return in cash records $114,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,880/mo property income covering a $1,000/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83661, Payette, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,624 (100%) |
| Owner Occupied HU | 3,123 (67.5%) |
| Renter Occupied HU | 1,302 (28.2%) |
| Vacant Housing Units | 199 ( 4.3%) |
| Median Home Value | $274,292 |
| Average Home Value | $471,386 |
Housing Distribution
Address Breakdown
Residential
4,273
Single Family
4,170
Multi-Family
103
Businesses
365
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