264 N 3 E APT 706RexburgID83440
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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
Rental property for sale in Rexburg at 264 N 3 E APT 706, Rexburg, ID, 83440 generates $1,180/mo in rent and, after a $644/mo payment, leaves $345/mo in cash flow. Total monthly income is $1,180/mo, and annual cash flow is $4,139/yr on $43,592 invested. Return on cash invested sits at 29.4% in year one, and rental yield is 10.77% on a $131,500 entry. Equity gained on principal adds $849/yr, while 5% annual appreciation builds toward $36,331 over five years. Five-year ROI reaches 153.95% and total cumulative return in cash sums $67,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,180/mo property income rather than buyer’s personal income.
Multi Family
Built in 2003
827 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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