2397 Caddis WayIdaho 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 2397 Caddis Way, Idaho Falls, ID, 83404 listed at $316,900 pairs $2,216/mo rent with a $1,551/mo payment to leave $393/mo cash flow. Total monthly income runs $2,216/mo, and annual cash flow reaches $4,716/yr on $105,052 cash to close. Return on cash invested measures 24.4% in year one, and rental yield registers 8.39% at a $316,900 basis. Equity gained on principal adds $2,045/yr, and annual property appreciation at 5% supports $87,554 by year five. Five-year ROI tracks 126.34% and total cumulative return in cash totals $132,722. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,216/mo property income relative to a $1,551/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
6,882 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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