245 E Ririe HwyRirieID83443
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
Investment Highlights
Rental property for sale in Ririe at 245 E Ririe Hwy, Ririe, ID, 83443 priced at $310,000 pairs $2,034/mo rent with $251/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $3,011/yr on $102,765 invested. Return on cash invested is 22.84% in year one, and rental yield stands at 7.87% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 117.97% and total cumulative return in cash reaches $121,231. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83443, Ririe, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 352 (70.5%) |
| Renter Occupied HU | 77 (15.4%) |
| Vacant Housing Units | 70 (14.0%) |
| Median Home Value | $513,462 |
| Average Home Value | $493,565 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
207
Multi-Family
0
Businesses
43
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