1470 Elmore 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 1470 Elmore Ave, Idaho Falls, ID, 83402 priced at $204,000 pairs $1,361/mo rent with $188/mo cash flow after a $998/mo payment. Total monthly income equals $1,361/mo, and annual cash flow comes to $2,255/yr on $67,626 invested. Return on cash invested is 23.24% in year one, and rental yield stands at 8.01% on a $204,000 basis. Equity gained on principal adds $1,316/yr, and 5% annual appreciation accumulates to $56,361 by year five. Five-year ROI measures 120.15% and total cumulative return in cash reaches $81,256. For financing, Ziffy Mortgage’s DSCR program evaluates $1,361/mo property income against a $998/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
6,250 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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Nearby investment properties with comparable prices
Listed by: Clint Croft • Silvercreek Realty Group
Mls Name: SRMLS
Mls Provider:
Mls ID: #2164941
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.