240 E 3 NSoda SpringsID83276
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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 Soda Springs at 240 E 3 N, Soda Springs, ID, 83276 offers a 8.13% rental yield on a $399,000 purchase with $2,704/mo rent. Total monthly income registers $2,704/mo, and a $1,953/mo payment leaves $409/mo available for distribution. Annual cash flow reaches $4,902/yr on $132,269 to close, and return on cash invested stands at 23.62% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 122.16% and total cumulative return in cash at $161,582. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,704/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.34 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: Deborah Finlayson • ReMax Country Real Estate
Mls Name: PCTMLS
Mls ID: #581179