348 Lenore StTwin 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 348 Lenore St, Twin Falls, ID, 83301 priced at $869,900 pairs $1,978/mo rent with after a $4,258/mo payment. Total monthly income equals $1,978/mo. Return on cash invested is 7.37% in year one, and rental yield stands at 2.73% on a $869,900 basis. Equity gained on principal adds $5,613/yr, and 5% annual appreciation accumulates to $240,337 by year five. Five-year ROI measures 35% and total cumulative return in cash reaches $100,157. For financing, Ziffy Mortgage’s DSCR program evaluates $1,978/mo property income against a $4,258/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2001
N/A 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: Nathan Lyda • Gateway Real Estate
Mls Name: IMLS
Mls ID: #98959448