371 E Hooper AveSoda SpringsID83276
Nearby investment properties with comparable rents
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 Soda Springs at 371 E Hooper Ave, Soda Springs, ID, 83276 offers $1,691/mo rent that, after a $1,341/mo payment, leaves $83/mo cash flow. Total monthly income is $1,691/mo, and annual cash flow is $1,000/yr on $90,831 cash. Return on cash invested measures 21.01% in year one, and rental yield stands at 7.41% at a $274,000 entry. Equity gained on principal adds $1,768/yr while 5% annual appreciation compounds into $75,701 by year five. Five-year ROI records 108.34% and total cumulative return in cash reaches $98,409. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,691/mo property income versus a $1,341/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83276, Soda Springs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,050 (100%) |
| Owner Occupied HU | 1,370 (66.8%) |
| Renter Occupied HU | 399 (19.5%) |
| Vacant Housing Units | 281 (13.7%) |
| Median Home Value | $328,870 |
| Average Home Value | $381,221 |
Housing Distribution
Address Breakdown
Residential
1,485
Single Family
1,421
Multi-Family
64
Businesses
234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Evan Skinner • Property Pros Realty
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2098757
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-07-20 11:40:36 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)