242 8th Ave ETwin FallsID83301
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 242 8th Ave E, Twin Falls, ID, 83301 in Twin Falls at $365,000 earns $2,294/mo in rent and nets $195/mo after the $1,641/mo payment, a 7.54% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $100,843 over five years. Ziffy Mortgage underwrites this on a 1.40 DSCR without U.S. credit history. With $3,362/yr in principal paydown, total projected return reaches $150,216.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.0% |
| Monthly Cash Flow | $195 | $250 |
City averages based on Twin Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,294 |
| Total Monthly Debt Service | $1,955 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83301, Twin Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,718 (100%) |
| Owner Occupied HU | 16,208 (63.0%) |
| Renter Occupied HU | 8,273 (32.2%) |
| Vacant Housing Units | 1,237 ( 4.8%) |
| Median Home Value | $362,389 |
| Average Home Value | $408,128 |
Housing Distribution
Address Breakdown
Residential
24,586
Single Family
23,604
Multi-Family
982
Businesses
2,260
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
Single Family
Built in 1920
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83301, Twin Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,718 (100%) |
| Owner Occupied HU | 16,208 (63.0%) |
| Renter Occupied HU | 8,273 (32.2%) |
| Vacant Housing Units | 1,237 ( 4.8%) |
| Median Home Value | $362,389 |
| Average Home Value | $408,128 |
Housing Distribution
Address Breakdown
Residential
24,586
Single Family
23,604
Multi-Family
982
Businesses
2,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mikahla Shook • Coldwell Banker Distinctive Properties
Mls Name: IMLS
Mls ID: #98971819