346 E 16th StIdaho FallsID83404
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Nearby investment properties with comparable prices
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 Idaho Falls at 346 E 16th St, Idaho Falls, ID, 83404 generates $1,020/mo in rent, after a $1,089/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 15.57% in year one, and rental yield is 5.5% on a $222,500 entry. Equity gained on principal adds $1,436/yr, while 5% annual appreciation builds toward $61,473 over five years. Five-year ROI reaches 79.09% and total cumulative return in cash sums $58,336. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83404, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,649 (100%) |
| Owner Occupied HU | 7,640 (71.7%) |
| Renter Occupied HU | 2,519 (23.7%) |
| Vacant Housing Units | 490 ( 4.6%) |
| Median Home Value | $432,567 |
| Average Home Value | $482,219 |
Housing Distribution
Address Breakdown
Residential
10,269
Single Family
10,009
Multi-Family
260
Businesses
788
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Nearby investment properties with comparable prices
Listed by: Kelden Johnson • Real Broker LLC
Mls Name: SRMLS
Mls Provider:
Mls ID: #2175922
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.