232 E 16th StIdaho 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 232 E 16th St, Idaho Falls, ID, 83404 uses $101,074 cash to close to unlock $4,684/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $2,144/mo, and a $1,492/mo payment keeps the spread at $390/mo. Purchase price stands at $304,900, and rental yield measures 8.44% with $2,144/mo rent. Return on cash invested shows 24.54% in year one, and 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 127.14% and total cumulative return in cash records $128,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,144/mo property income covering a $1,492/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,405 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: Yvonne Hawkins • Real Estate Two70
Mls Name: SRMLS
Mls ID: #2181525