1135 Kortnee DrIdaho FallsID83402
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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 Idaho Falls at 1135 Kortnee Dr, Idaho Falls, ID, 83402 earns $578/mo cash flow from $2,758/mo rent with a $1,855/mo payment. Total monthly income totals $2,758/mo, and annual cash flow totals $6,932/yr on $125,639 capital. ROI tracks 25.43% on current figures, and rental yield reads 8.73% at a $379,000 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 over five years. Five-year ROI reaches 131.86% and total cumulative return in cash sums $165,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,758/mo property income instead of your personal income.
Single Family
Built in 1991
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83402, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,782 (100%) |
| Owner Occupied HU | 7,667 (60.0%) |
| Renter Occupied HU | 4,234 (33.1%) |
| Vacant Housing Units | 881 ( 6.9%) |
| Median Home Value | $349,931 |
| Average Home Value | $381,138 |
Housing Distribution
Address Breakdown
Residential
11,881
Single Family
10,988
Multi-Family
893
Businesses
1,362
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Listed by: Michael Oden • Keller Williams Realty East Idaho
Mls Name: SRMLS
Mls ID: #2178690