245 E 24th St, Idaho Falls, ID, 83404 | $358/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Idaho Falls at 245 E 24th St, Idaho Falls, ID, 83404 listed at $305,000 pairs $2,113/mo rent with a $1,493/mo payment to leave $358/mo cash flow. Total monthly income runs $2,113/mo, and annual cash flow reaches $4,298/yr on $101,108 cash to close. Return on cash invested measures 24.16% in year one, and rental yield registers 8.31% at a $305,000 basis. Equity gained on principal adds $1,968/yr, and annual property appreciation at 5% supports $84,266 by year five. Five-year ROI tracks 125.1% and total cumulative return in cash totals $126,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,113/mo property income relative to a $1,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1948

0.25 Acres 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