1181 Bingham AveIdaho FallsID83402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Idaho Falls at 1181 Bingham Ave, Idaho Falls, ID, 83402 generates $2,299/mo in rent and, after a $1,126/mo payment, leaves $976/mo in cash flow. Total monthly income is $2,299/mo, and annual cash flow is $11,707/yr on $76,245 invested. Return on cash invested sits at 35.26% in year one, and rental yield is 11.99% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 184.62% and total cumulative return in cash sums $140,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,299/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kory McCain • LPT Realty LLC
Mls Name: SRMLS
Mls ID: #2181004