490 N 730 ESoda SpringsID83276
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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 Soda Springs at 490 N 730 E, Soda Springs, ID, 83276 uses $99,119 cash to close to unlock $3,856/yr annual cash flow and $321/mo monthly cash flow. Total monthly income runs $2,041/mo, and a $1,463/mo payment keeps the spread at $321/mo. Purchase price stands at $299,000, and rental yield measures 8.19% with $2,041/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 123.15% and total cumulative return in cash records $122,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,041/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83276, Soda Springs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,050 (100%) |
| Owner Occupied HU | 1,370 (66.8%) |
| Renter Occupied HU | 399 (19.5%) |
| Vacant Housing Units | 281 (13.7%) |
| Median Home Value | $328,870 |
| Average Home Value | $381,221 |
Housing Distribution
Address Breakdown
Residential
1,485
Single Family
1,421
Multi-Family
64
Businesses
234
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Listed by: ReeAnn Jensen • Remax Real Estate and Associates LLC
Mls Name: UtahRealEstate.com
Mls ID: #2109161