305 Spring Meadows DrIdaho FallsID83404
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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 Idaho Falls at 305 Spring Meadows Dr, Idaho Falls, ID, 83404 offers $2,363/mo rent that, after a $4,498/mo payment. Total monthly income is $2,363/mo. Return on cash invested measures 8.46% in year one, and rental yield stands at 3.09% at a $919,000 entry. Equity gained on principal adds $5,930/yr while 5% annual appreciation compounds into $253,903 by year five. Five-year ROI records 40.82% and total cumulative return in cash reaches $123,433. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,363/mo property income versus a $4,498/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83404, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,649 (100%) |
| Owner Occupied HU | 7,640 (71.7%) |
| Renter Occupied HU | 2,519 (23.7%) |
| Vacant Housing Units | 490 ( 4.6%) |
| Median Home Value | $432,567 |
| Average Home Value | $482,219 |
Housing Distribution
Address Breakdown
Residential
10,269
Single Family
10,009
Multi-Family
260
Businesses
788
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Listed by: Stephanie Fabian • Real Broker LLC
Mls Name: SRMLS
Mls ID: #2178933