503 Palisade TrlDriggsID83422
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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 Driggs at 503 Palisade Trl, Driggs, ID, 83422 offers a 24.02% rental yield on a $159,500 purchase with $3,193/mo rent. Total monthly income registers $3,193/mo, and a $781/mo payment leaves $2,271/mo available for distribution. Annual cash flow reaches $27,251/yr on $52,874 to close, and return on cash invested stands at 71.45% in year one. Equity gained on principal adds $1,029/yr while 5% annual appreciation supports $44,067 over five years. Portfolio math shows five-year ROI at 378.67% and total cumulative return in cash at $200,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,193/mo property income against a $781/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
0.28 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83422, Driggs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,187 (51.0%) |
| Renter Occupied HU | 514 (22.1%) |
| Vacant Housing Units | 628 (27.0%) |
| Median Home Value | $599,288 |
| Average Home Value | $709,021 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Julie A Rockefeller • Teton Valley Realty
Mls Name: TBOR
Mls Provider:
Mls ID: #24-2574
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.