2313 E 1st StIdaho FallsID83401
Nearby investment properties with comparable rents
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
Investment property for sale in Idaho Falls at 2313 E 1st St, Idaho Falls, ID, 83401 listed at $450,000 pairs $2,795/mo rent with a $2,203/mo payment to leave $206/mo cash flow. Total monthly income runs $2,795/mo, and annual cash flow reaches $2,469/yr on $149,175 cash to close. Return on cash invested measures 21.56% in year one, and rental yield registers 7.45% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 111.14% and total cumulative return in cash totals $165,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,795/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83401, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,087 (100%) |
| Owner Occupied HU | 12,748 (70.5%) |
| Renter Occupied HU | 4,637 (25.6%) |
| Vacant Housing Units | 702 ( 3.9%) |
| Median Home Value | $401,318 |
| Average Home Value | $419,996 |
Housing Distribution
Address Breakdown
Residential
16,929
Single Family
16,027
Multi-Family
902
Businesses
1,307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Colt Landon • Evolv Brokerage
Mls Name: SRMLS
Mls ID: #2181301