231 S 3 ESoda SpringsID83276
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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 Soda Springs at 231 S 3 E, Soda Springs, ID, 83276 priced at $329,999 pairs $2,495/mo rent with $597/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,495/mo, and annual cash flow comes to $7,161/yr on $109,395 invested. Return on cash invested is 26.46% in year one, and rental yield stands at 9.07% on a $329,999 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,173 by year five. Five-year ROI measures 137.37% and total cumulative return in cash reaches $150,274. For financing, Ziffy Mortgage’s DSCR program evaluates $2,495/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83276, Soda Springs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,050 (100%) |
| Owner Occupied HU | 1,370 (66.8%) |
| Renter Occupied HU | 399 (19.5%) |
| Vacant Housing Units | 281 (13.7%) |
| Median Home Value | $328,870 |
| Average Home Value | $381,221 |
Housing Distribution
Address Breakdown
Residential
1,485
Single Family
1,421
Multi-Family
64
Businesses
234
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Listed by: Kelly Jenkins • Boss Real Estate
Mls Name: SRMLS
Mls Provider:
Mls ID: #2172893
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.