2470 Shadowmoon Ln #423DriggsID83422
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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 Driggs at 2470 Shadowmoon Ln #423, Driggs, ID, 83422 uses $174,041 cash to close to unlock $6,983/yr annual cash flow and $582/mo monthly cash flow. Total monthly income runs $3,625/mo, and a $2,589/mo payment keeps the spread at $582/mo. Purchase price stands at $529,000, and rental yield measures 8.22% with $3,625/mo rent. Return on cash invested shows 24.07% in year one, and 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 124.55% and total cumulative return in cash records $216,773. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,625/mo property income covering a $2,589/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83422, Driggs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,187 (51.0%) |
| Renter Occupied HU | 514 (22.1%) |
| Vacant Housing Units | 628 (27.0%) |
| Median Home Value | $599,288 |
| Average Home Value | $709,021 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
383
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