2205 Craig AveIdaho FallsID83404
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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 2205 Craig Ave, Idaho Falls, ID, 83404 listed at $399,999 pairs $2,363/mo rent with a $1,958/mo payment to leave $62/mo cash flow. Total monthly income runs $2,363/mo, and annual cash flow reaches $740/yr on $132,600 cash to close. Return on cash invested measures 20.47% in year one, and rental yield registers 7.09% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 105.27% and total cumulative return in cash totals $139,587. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,363/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83404, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,649 (100%) |
| Owner Occupied HU | 7,640 (71.7%) |
| Renter Occupied HU | 2,519 (23.7%) |
| Vacant Housing Units | 490 ( 4.6%) |
| Median Home Value | $432,567 |
| Average Home Value | $482,219 |
Housing Distribution
Address Breakdown
Residential
10,269
Single Family
10,009
Multi-Family
260
Businesses
788
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Listed by: Julie Winn • Century 21 High Desert
Mls Name: SRMLS
Mls ID: #2181315