Building Details

Year Built 1998

Listing Agency: Silvercreek Realty Group

Listed By: Gail Marie Bishard · License #AB19119 Show Phone

Source: Idahohomerealty

Added: Sep 20 Changed: Oct 1 Last Checked: Oct 5 at 7:06PM

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Investment Insights

Based on property information with market context.

This 1998 ranch-style twinhome offers 2,740 square feet, with four bedrooms and three bathrooms. The main floor features an open great-room layout, vaulted ceilings, a gas fireplace, breakfast bar, and appliances. The primary suite includes a walk-in closet and separate bath. Downstairs, a family room and two bedrooms with egress windows share a full third bathroom. An oversized two-car garage provides additional utility.

Outside, the property has a vinyl-fenced yard, mature landscaping, and a rear patio edged with concrete curbing. It is situated on a low-traffic cul-de-sac near shopping, dining, and hospitals.

Key Highlights

• 2,740 square feet in a 1998‑built ranch‑style twinhome
• Four bedrooms and three bathrooms, including two lower‑level bedrooms with egress windows
• Open great‑room plan with vaulted ceilings, gas fireplace, breakfast bar, and appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,876

Cap Rate

5.50%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$417,520 $417.5K

Cap Rate 7%

$298,229 $298.2K

Cap Rate 9%

$231,956 $232.0K

Market Conditions

NOI Build-Up for 2,740 SF

Gross rent

$39.5K $14.40/SF

− Vacancy

−$1.5K −$0.55/SF

EGI

$38.0K $13.85/SF

− OpEx

−$17.1K −$6.23/SF

NOI

$20.9K $7.62/SF

Area

Bonneville County, ID

Vacancy

3.80%

Lease Rate

$14.40 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$417,520

Cap Rate 7%

$298,229

Cap Rate 9%

$231,956

Alternative Uses

Best Use

Apartment 5plus

$298.2K

$261.0K – $347.9K (±1% cap)

NOI $20,876 @ 7.0% cap · market cap 5.50%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$605.4K

$529.7K – $706.3K (±1% cap)

NOI $42,376 @ 7.0% cap · market cap 11.17%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Plumbing Service HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

530

Businesses Nearby

Explore this area Business Placement

Demographics for 83406, ID

19,003

Population

6,837

Households

2.8

Avg Household Size

32

Median Age

37%

College-Educated

95%

High-School Grad

32.0 sq mi

ZIP Area

594

Density / Sq Mi

$90,654

Median Household Income

$39,189

Median Earnings

$1,182

Median Rent

$350,500

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential income properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential income property - Main-floor living and a finished lower level provide flexible space across two levels.

Where is this residential income property located?

The property is located at 2955 E Courtyard Cir Ammon, ID.

What is the asking price?

The asking price for this property is $379,500.

What are key features of this property?

This property features: 2,740 square feet in a 1998‑built ranch‑style twinhome; Four bedrooms and three bathrooms, including two lower‑level bedrooms with egress windows; Open great‑room plan with vaulted ceilings, gas fireplace, breakfast bar, and appliances