2585 Hillam DrIdaho FallsID83406
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 2585 Hillam Dr, Idaho Falls, ID, 83406 in Idaho Falls aligned with their strategy. At $489,000, the property generates $2,849/mo in rent and $36/mo in net cash, consistent returns without excessive leverage. DSCR 1.30 and 6.99% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $4,504/yr in paydown build toward a projected cumulative return of $186,831.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 7.0% |
| Monthly Cash Flow | $36 | $350 |
City averages based on Idaho Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,849 |
| Total Monthly Debt Service | $2,619 |
| DSCR Ratio | 1.09x |
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 1952
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83406, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,036 (100%) |
| Owner Occupied HU | 5,153 (73.2%) |
| Renter Occupied HU | 1,568 (22.3%) |
| Vacant Housing Units | 315 ( 4.5%) |
| Median Home Value | $445,947 |
| Average Home Value | $501,425 |
Housing Distribution
Address Breakdown
Residential
6,686
Single Family
6,568
Multi-Family
118
Businesses
292
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 1952
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83406, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,036 (100%) |
| Owner Occupied HU | 5,153 (73.2%) |
| Renter Occupied HU | 1,568 (22.3%) |
| Vacant Housing Units | 315 ( 4.5%) |
| Median Home Value | $445,947 |
| Average Home Value | $501,425 |
Housing Distribution
Address Breakdown
Residential
6,686
Single Family
6,568
Multi-Family
118
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chalmers Haas • eXp Realty LLC
Mls Name: SRMLS
Mls Provider:
Mls ID: #2178621
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.