3602 Cobblestone Ln, Idaho Falls, ID, 83404 | 4.89% Rental Yield

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Idaho Falls at 3602 Cobblestone Ln, Idaho Falls, ID, 83404 generates $2,363/mo in rent, after a $2,839/mo payment. Total monthly income is $2,363/mo. Return on cash invested sits at 13.94% in year one, and rental yield is 4.89% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 70.22% and total cumulative return in cash sums $134,001. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,363/mo property income rather than buyer’s personal income.

Single Family

Built in 1990

0.30 Acres 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