3100 Challis Creek RdChallisID83226
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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 Challis at 3100 Challis Creek Rd, Challis, ID, 83226 generates $1,620/mo in rent, after a $3,903/mo payment. Total monthly income is $1,620/mo. Return on cash invested sits at 6.49% in year one, and rental yield is 2.44% on a $797,500 entry. Equity gained on principal adds $5,146/yr, while 5% annual appreciation builds toward $220,335 over five years. Five-year ROI reaches 30.26% and total cumulative return in cash sums $79,407. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
8.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83226, Challis, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,408 (100%) |
| Owner Occupied HU | 902 (64.1%) |
| Renter Occupied HU | 227 (16.1%) |
| Vacant Housing Units | 279 (19.8%) |
| Median Home Value | $326,519 |
| Average Home Value | $358,132 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
584
Multi-Family
3
Businesses
160
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