340 N 5th StDriggsID83422
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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 Driggs at 340 N 5th St, Driggs, ID, 83422 uses $148,844 cash to close to unlock $13,639/yr annual cash flow and $1,137/mo monthly cash flow. Total monthly income runs $3,720/mo, and a $2,198/mo payment keeps the spread at $1,137/mo. Purchase price stands at $449,000, and rental yield measures 9.94% with $3,720/mo rent. Return on cash invested shows 29.07% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 151.41% and total cumulative return in cash records $225,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,720/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83422, Driggs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,187 (51.0%) |
| Renter Occupied HU | 514 (22.1%) |
| Vacant Housing Units | 628 (27.0%) |
| Median Home Value | $599,288 |
| Average Home Value | $709,021 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
383
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