220 N Fanning Ave APT 23,Idaho Falls,ID,83401

Investment Highlights

Investment property for sale in Idaho Falls at 220 N Fanning Ave APT 23, Idaho Falls, ID, 83401 offers a 9.27% rental yield on a $185,000 purchase with $1,429/mo rent. Total monthly income registers $1,429/mo, and a $905/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,873/yr on $61,328 to close, and return on cash invested stands at 26.22% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 136.45% and total cumulative return in cash at $83,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,429/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.