438 W 2 NRigbyID83442
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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 Rigby at 438 W 2 N, Rigby, ID, 83442 uses $79,229 cash to close to unlock $2,218/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $1,170/mo payment keeps the spread at $185/mo. Purchase price stands at $239,000, and rental yield measures 7.83% with $1,560/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 117.29% and total cumulative return in cash records $92,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1929
0.55 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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