2874 N Midnight Blue DrIdaho FallsID83401
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
Investment Highlights
Investment property for sale in Idaho Falls at 2874 N Midnight Blue Dr, Idaho Falls, ID, 83401 at $449,000 posts ROI 26.77% with $851/mo cash flow from $3,434/mo rent. Total monthly income equals $3,434/mo, and annual cash flow records $10,207/yr on $148,844 to close. Return on cash invested measures 26.77% and rental yield reads 9.18% at the current $449,000. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 by year five. Five-year ROI prints 139.05% and total cumulative return in cash totals $206,968.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,434/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Laird • Edge Real Estate
Mls Name: SRMLS
Mls Provider:
Mls ID: #2168334
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.