1240 Ada AveIdaho 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 1240 Ada Ave, Idaho Falls, ID, 83402 with 5% annual appreciation on a $349,900 basis while $2,321/mo rent supports operations. Total monthly income totals $2,321/mo and a $1,713/mo payment preserves $308/mo for cash returns. Annual cash flow comes to $3,692/yr on $115,992 deployed, and return on cash invested reaches 23.09% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 7.96%. Five-year ROI measures 119.33% and total cumulative return in cash totals $138,414.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,321/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
6,098 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: Hannah Anderson • IDeal Estate
Mls Name: SRMLS
Mls Provider:
Mls ID: #2175755
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.







