264 N 3 E APT 601RexburgID83440
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 264 N 3 E APT 601, Rexburg, ID, 83440 in Rexburg speaks for itself: 12.3% gross on a $174,600 price, generating $1,789/mo in rent and $785/mo in net income after the $785/mo debt service. DSCR 2.28, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,417 stacks alongside $48,239 in projected five-year appreciation and $1,608/yr in principal reduction. Projected total cumulative return: $116,410.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 8.2% |
| Monthly Cash Flow | $785 | $420 |
City averages based on Rexburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,789 |
| Total Monthly Debt Service | $935 |
| DSCR Ratio | 1.91x |
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.
Townhouse
Built in 2003
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83440, Rexburg, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,135 (100%) |
| Owner Occupied HU | 5,684 (37.6%) |
| Renter Occupied HU | 7,790 (51.5%) |
| Vacant Housing Units | 1,661 (11.0%) |
| Median Home Value | $431,484 |
| Average Home Value | $458,309 |
Housing Distribution
Address Breakdown
Residential
14,761
Single Family
13,081
Multi-Family
1,680
Businesses
1,135
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
Townhouse
Built in 2003
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83440, Rexburg, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,135 (100%) |
| Owner Occupied HU | 5,684 (37.6%) |
| Renter Occupied HU | 7,790 (51.5%) |
| Vacant Housing Units | 1,661 (11.0%) |
| Median Home Value | $431,484 |
| Average Home Value | $458,309 |
Housing Distribution
Address Breakdown
Residential
14,761
Single Family
13,081
Multi-Family
1,680
Businesses
1,135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices