215 W 15th 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
Rental property for sale in Idaho Falls at 215 W 15th St, Idaho Falls, ID, 83402 generates $2,141/mo in rent and, after a $1,659/mo payment, leaves $191/mo in cash flow. Total monthly income is $2,141/mo, and annual cash flow is $2,292/yr on $112,379 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 7.58% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 113.25% and total cumulative return in cash sums $127,264. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,141/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
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: Tasha Siepert • Aspire Real Estate Services
Mls Name: SRMLS
Mls ID: #2179666