120 E Valley AveChallisID83226
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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
Rental property for sale in Challis at 120 E Valley Ave, Challis, ID, 83226 priced at $155,000 converts $1,225/mo rent into $333/mo cash flow after a $759/mo obligation. Total monthly income equals $1,225/mo, and annual cash flow totals $3,995/yr on $51,383 invested. Return on cash invested prints 27.68% in year one, and rental yield reads 9.48% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 143.96% and total cumulative return in cash sums $73,972. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,225/mo property income covering a $759/mo payment, not borrower’s personal income.
Manufactured
Built in 1972
5,009 sqft 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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