263 E 23rd St, Idaho Falls, ID, 83404 | $408/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 263 E 23rd St, Idaho Falls, ID, 83404 uses $103,594 cash to close to unlock $4,897/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $2,242/mo, and a $1,530/mo payment keeps the spread at $408/mo. Purchase price stands at $312,500, and rental yield measures 8.61% with $2,242/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $86,338 over five years. Five-year ROI reaches 127.81% and total cumulative return in cash records $132,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,242/mo property income covering a $1,530/mo payment rather than investor’s personal income.

Single Family

Built in 1951

6,098 sqft 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