409 Richardson StRigbyID83442
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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 Rigby at 409 Richardson St, Rigby, ID, 83442 generates $3,107/mo in rent and, after a $2,276/mo payment, leaves $432/mo in cash flow. Total monthly income is $3,107/mo, and annual cash flow is $5,182/yr on $154,148 invested. Return on cash invested sits at 23.27% in year one, and rental yield is 8.02% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 120.29% and total cumulative return in cash sums $185,423. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,107/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83442, Rigby, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,675 (100%) |
| Owner Occupied HU | 7,027 (81.0%) |
| Renter Occupied HU | 1,216 (14.0%) |
| Vacant Housing Units | 432 ( 5.0%) |
| Median Home Value | $451,652 |
| Average Home Value | $461,068 |
Housing Distribution
Address Breakdown
Residential
7,953
Single Family
7,868
Multi-Family
85
Businesses
471
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