140 N 3rd StDriggsID83422
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
Investment property for sale in Driggs at 140 N 3rd St, Driggs, ID, 83422 offers a 6.85% rental yield on a $855,000 purchase with $4,879/mo rent. 89% in year one. Equity gained on principal adds $5,517/yr while 5% annual appreciation supports $236,221 over five years. Portfolio math shows five-year ROI at 102.14% and total cumulative return in cash at $287,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,879/mo property income against a $4,185/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83422, Driggs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,187 (51.0%) |
| Renter Occupied HU | 514 (22.1%) |
| Vacant Housing Units | 628 (27.0%) |
| Median Home Value | $599,288 |
| Average Home Value | $709,021 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karin E. Wertheim • Jackson Hole Sotheby's International Realty
Mls Name: TBOR
Mls Provider:
Mls ID: #24-2816
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.