3829 E Lorna AveIdaho FallsID83401
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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 Idaho Falls at 3829 E Lorna Ave, Idaho Falls, ID, 83401 uses $137,241 cash to close to unlock $4,172/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $2,729/mo, and a $2,026/mo payment keeps the spread at $348/mo. Purchase price stands at $414,000, and rental yield measures 7.91% with $2,729/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $114,381 over five years. Five-year ROI reaches 118.58% and total cumulative return in cash records $162,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,729/mo property income covering a $2,026/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83401, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,087 (100%) |
| Owner Occupied HU | 12,748 (70.5%) |
| Renter Occupied HU | 4,637 (25.6%) |
| Vacant Housing Units | 702 ( 3.9%) |
| Median Home Value | $401,318 |
| Average Home Value | $419,996 |
Housing Distribution
Address Breakdown
Residential
16,929
Single Family
16,027
Multi-Family
902
Businesses
1,307
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A