2691 Ridge River DrAmmonID83401
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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 Ammon at 2691 Ridge River Dr, Ammon, ID, 83401 priced at $814,000 pairs $2,050/mo rent with after a $3,984/mo payment. Total monthly income equals $2,050/mo. Return on cash invested is 8.26% in year one, and rental yield stands at 3.02% on a $814,000 basis. Equity gained on principal adds $5,253/yr, and 5% annual appreciation accumulates to $224,893 by year five. Five-year ROI measures 39.79% and total cumulative return in cash reaches $106,559. For financing, Ziffy Mortgage’s DSCR program evaluates $2,050/mo property income against a $3,984/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83401, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,087 (100%) |
| Owner Occupied HU | 12,748 (70.5%) |
| Renter Occupied HU | 4,637 (25.6%) |
| Vacant Housing Units | 702 ( 3.9%) |
| Median Home Value | $401,318 |
| Average Home Value | $419,996 |
Housing Distribution
Address Breakdown
Residential
16,929
Single Family
16,027
Multi-Family
902
Businesses
1,307
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