321 3rd Ave ETwin FallsID83301
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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 Twin Falls at 321 3rd Ave E, Twin Falls, ID, 83301 generates $1,800/mo in rent and, after a $1,429/mo payment, leaves $55/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $662/yr on $96,798 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 7.4% on a $292,000 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation builds toward $80,674 over five years. Five-year ROI reaches 106.28% and total cumulative return in cash sums $102,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83301, Twin Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,718 (100%) |
| Owner Occupied HU | 16,208 (63.0%) |
| Renter Occupied HU | 8,273 (32.2%) |
| Vacant Housing Units | 1,237 ( 4.8%) |
| Median Home Value | $362,389 |
| Average Home Value | $408,128 |
Housing Distribution
Address Breakdown
Residential
24,586
Single Family
23,604
Multi-Family
982
Businesses
2,260
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Listed by: Ron Jones • Keller Williams Sun Valley Southern Idaho
Mls Name: IMLS
Mls Provider:
Mls ID: #98919988
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. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.