297 Madsen AveRigbyID83442
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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 Rigby at 297 Madsen Ave, Rigby, ID, 83442 offers a 7.42% rental yield on a $299,999 purchase with $1,854/mo rent. Total monthly income registers $1,854/mo, and a $1,468/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,542/yr on $99,450 to close, and return on cash invested stands at 21.46% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 110.61% and total cumulative return in cash at $110,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,854/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83442, Rigby, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,675 (100%) |
| Owner Occupied HU | 7,027 (81.0%) |
| Renter Occupied HU | 1,216 (14.0%) |
| Vacant Housing Units | 432 ( 5.0%) |
| Median Home Value | $451,652 |
| Average Home Value | $461,068 |
Housing Distribution
Address Breakdown
Residential
7,953
Single Family
7,868
Multi-Family
85
Businesses
471
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