Multi Family Investment Properties for Sale in Payette, ID
$ 599,999
ROI
24.2
Cash Flow/m
677- 8 Bed
- 6 Bath
- 3334 sft
1875/1905 Jensens Way, Payette, ID, 83661
$ 450,000
ROI
21.0Cash Flow/m
155- 3 Bed
- 3 Bath
- 2057 sft
311 N 9th Ave N, Payette, ID, 83661
$ 212,500
ROI
31.2Cash Flow/m
676- 2 Bed
- 2 Bath
- 1200 sft
418-422 10th Ave N, Payette, ID, 83661
$ 510,000
ROI
29.1Cash Flow/m
1266- 8 Bed
- 5 Bath
- 4731 sft
902-A/B 1st Ave N, Payette, ID, 83661
Why Invest in Payette, Idaho?
Multi-family properties in Payette, ID offer steady rental demand from a growing workforce. Investors benefit from Idaho's stable housing appreciation around 3-4% annually. Cap rates hover at 6-7% with average rents supporting positive cash flow. Renter occupancy exceeds 35%, bolstered by local agriculture and manufacturing jobs. Low vacancy supports reliable returns in this affordable market.
8.5%
Avg. ROI
6.2%
Rental Yield
6.8%
Cap Rate
$1250/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Payette offers affordable entry with cap rates around 6-7% and steady 3-4% appreciation per state trends. Strong agricultural employment drives renter demand. Low inventory keeps vacancies under 5%.
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