398 Palisade TrlDriggsID83422
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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 Driggs at 398 Palisade Trl, Driggs, ID, 83422 offers $6,366/mo rent that, after a $4,390/mo payment, leaves $1,206/mo cash flow. Total monthly income is $6,366/mo, and annual cash flow is $14,473/yr on $295,113 cash. Return on cash invested measures 24.96% in year one, and rental yield stands at 8.52% at a $897,000 entry. Equity gained on principal adds $5,788/yr while 5% annual appreciation compounds into $247,825 by year five. Five-year ROI records 129.35% and total cumulative return in cash reaches $381,726. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,366/mo property income versus a $4,390/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83422, Driggs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,187 (51.0%) |
| Renter Occupied HU | 514 (22.1%) |
| Vacant Housing Units | 628 (27.0%) |
| Median Home Value | $599,288 |
| Average Home Value | $709,021 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
383
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