341 E 2 NRigbyID83442
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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 Rigby at 341 E 2 N, Rigby, ID, 83442 offers a 8.43% rental yield on a $289,900 purchase with $2,037/mo rent. Total monthly income registers $2,037/mo, and a $1,419/mo payment leaves $369/mo available for distribution. Annual cash flow reaches $4,430/yr on $96,102 to close, and return on cash invested stands at 24.52% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 127.02% and total cumulative return in cash at $122,073. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,037/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83442, Rigby, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,675 (100%) |
| Owner Occupied HU | 7,027 (81.0%) |
| Renter Occupied HU | 1,216 (14.0%) |
| Vacant Housing Units | 432 ( 5.0%) |
| Median Home Value | $451,652 |
| Average Home Value | $461,068 |
Housing Distribution
Address Breakdown
Residential
7,953
Single Family
7,868
Multi-Family
85
Businesses
471
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