424 Meadowlark WayTwin FallsID83301
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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 Twin Falls at 424 Meadowlark Way, Twin Falls, ID, 83301 offers $2,231/mo rent that, after a $1,762/mo payment, leaves $160/mo cash flow. Total monthly income is $2,231/mo, and annual cash flow is $1,920/yr on $119,340 cash. Return on cash invested measures 21.52% in year one, and rental yield stands at 7.44% at a $359,999 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 110.89% and total cumulative return in cash reaches $132,333. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,231/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83301, Twin Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,718 (100%) |
| Owner Occupied HU | 16,208 (63.0%) |
| Renter Occupied HU | 8,273 (32.2%) |
| Vacant Housing Units | 1,237 ( 4.8%) |
| Median Home Value | $362,389 |
| Average Home Value | $408,128 |
Housing Distribution
Address Breakdown
Residential
24,586
Single Family
23,604
Multi-Family
982
Businesses
2,260
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Listed by: Eliza Mendoza • Keller Williams Sun Valley Southern Idaho
Mls Name: IMLS
Mls ID: #98963929