Under $200K Investment Properties for Sale in Payette, ID


706- 3 Bed
- 1 Bath
- 1560 sft


418- 4 Bed
- 2 Bath
- 1536 sft


282- 2 Bed
- 1 Bath
- 612 sft


686- 2 Bed
- 1 Bath
- 924 sft
Why Invest in Payette, Idaho?
Payette, ID offers compelling opportunities for investors targeting properties under $200k, especially in a market with stable home values around $350k median. Rental yields remain attractive at 7-8% due to steady demand from local workforce. Cap rates hover at 8%, supported by low vacancy and modest appreciation of 2-3% annually. Cash flow potential is strong for affordable single-family homes and duplexes. Renter-occupied units at 35% indicate reliable tenant pools amid population stability.
Frequently Asked Questions
Yes, affordable single-family homes and fixer-uppers under $200k exist, ideal for cash-flowing rentals. Focus on areas near downtown for best tenant access. Median values hover around $350k, leaving room for value-add deals.
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