1490 Albany StIdaho 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 1490 Albany St, Idaho Falls, ID, 83402 listed at $265,000 pairs $1,129/mo rent with a $1,297/mo payment. Total monthly income runs $1,129/mo. Return on cash invested measures 14.51% in year one, and rental yield registers 5.11% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 73.33% and total cumulative return in cash totals $64,419. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,129/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
7,405 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: Kjel Jones • LPT Realty LLC
Mls Name: SRMLS
Mls ID: #2178362