2966 N Grant AveIdaho FallsID83401
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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 Idaho Falls at 2966 N Grant Ave, Idaho Falls, ID, 83401 earns from $2,050/mo rent with a $2,628/mo payment. Total monthly income totals $2,050/mo. ROI tracks 12.83% on current figures, and rental yield reads 4.58% at a $536,900 purchase. Equity gained on principal adds $3,465/yr, and 5% annual appreciation supports $148,336 over five years. Five-year ROI reaches 64.37% and total cumulative return in cash sums $113,701. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,050/mo property income instead of your personal income.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
$25 monthly 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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Nearby investment properties with comparable prices
Listed by: Nicole Quirl • Kartchner Homes Inc
Mls Name: SRMLS
Mls Provider:
Mls ID: #2175146
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.