412 Meppen DrIdaho 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
Rental property for sale in Idaho Falls at 412 Meppen Dr, Idaho Falls, ID, 83401 generates $2,137/mo in rent and, after a $1,537/mo payment, leaves $330/mo in cash flow. Total monthly income is $2,137/mo, and annual cash flow is $3,966/yr on $104,091 invested. Return on cash invested sits at 23.72% in year one, and rental yield is 8.17% on a $314,000 entry. Equity gained on principal adds $2,026/yr, while 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 122.71% and total cumulative return in cash sums $127,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,137/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
6,969 sqft 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: Dustin Hawkins • Idaho Agents Real Estate
Mls Name: SRMLS
Mls Provider:
Mls ID: #2173271
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.