310 S 2 WSoda SpringsID83276
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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 Soda Springs at 310 S 2 W, Soda Springs, ID, 83276 offers a 8.72% rental yield on a $285,000 purchase with $2,072/mo rent. Total monthly income registers $2,072/mo, and a $1,395/mo payment leaves $432/mo available for distribution. Annual cash flow reaches $5,188/yr on $94,478 to close, and return on cash invested stands at 25.4% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 131.76% and total cumulative return in cash at $124,482. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,072/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83276, Soda Springs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,050 (100%) |
| Owner Occupied HU | 1,370 (66.8%) |
| Renter Occupied HU | 399 (19.5%) |
| Vacant Housing Units | 281 (13.7%) |
| Median Home Value | $328,870 |
| Average Home Value | $381,221 |
Housing Distribution
Address Breakdown
Residential
1,485
Single Family
1,421
Multi-Family
64
Businesses
234
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Listed by: Karen Holladay • Gate City Real Estate
Mls Name: PCTMLS
Mls Provider:
Mls ID: #579451
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.