264 N 3 E APT 601RexburgID83440
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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 Rexburg at 264 N 3 E APT 601, Rexburg, ID, 83440 offers a 12.3% rental yield on a $174,600 purchase with $1,789/mo rent. Total monthly income registers $1,789/mo, and a $855/mo payment leaves $784/mo available for distribution. Annual cash flow reaches $9,410/yr on $57,880 to close, and return on cash invested stands at 36.17% in year one. Equity gained on principal adds $1,127/yr while 5% annual appreciation supports $48,239 over five years. Portfolio math shows five-year ROI at 189.52% and total cumulative return in cash at $109,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,789/mo property income against a $855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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