1021 S 10th StChallisID83226
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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 Challis at 1021 S 10th St, Challis, ID, 83226 offers a 8.22% rental yield on a $299,999 purchase with $2,056/mo rent. Total monthly income registers $2,056/mo, and a $1,468/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,966/yr on $99,450 to close, and return on cash invested stands at 23.9% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 123.67% and total cumulative return in cash at $122,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,056/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83226, Challis, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,408 (100%) |
| Owner Occupied HU | 902 (64.1%) |
| Renter Occupied HU | 227 (16.1%) |
| Vacant Housing Units | 279 (19.8%) |
| Median Home Value | $326,519 |
| Average Home Value | $358,132 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
584
Multi-Family
3
Businesses
160
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