305 S 3 ERexburgID83440
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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 305 S 3 E, Rexburg, ID, 83440 offers $2,100/mo rent that, after a $1,473/mo payment, leaves $320/mo cash flow. Total monthly income is $2,100/mo, and annual cash flow is $3,846/yr on $99,782 cash. Return on cash invested measures 23.76% in year one, and rental yield stands at 8.37% at a $301,000 entry. Equity gained on principal adds $1,942/yr while 5% annual appreciation compounds into $83,161 by year five. Five-year ROI records 123.17% and total cumulative return in cash reaches $122,906. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $1,473/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
6,272 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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