5320 Long Cove DrIdaho FallsID83404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Idaho Falls at 5320 Long Cove Dr, Idaho Falls, ID, 83404 earns $339/mo cash flow from $3,804/mo rent with a $2,927/mo payment. Total monthly income totals $3,804/mo, and annual cash flow totals $4,065/yr on $196,742 capital. ROI tracks 22.13% on current figures, and rental yield reads 7.63% at a $598,000 purchase. Equity gained on principal adds $3,859/yr, and 5% annual appreciation supports $165,216 over five years. Five-year ROI reaches 114.18% and total cumulative return in cash sums $224,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,804/mo property income instead of your personal income.
Single Family
Built in 2017
0.48 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83404, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,649 (100%) |
| Owner Occupied HU | 7,640 (71.7%) |
| Renter Occupied HU | 2,519 (23.7%) |
| Vacant Housing Units | 490 ( 4.6%) |
| Median Home Value | $432,567 |
| Average Home Value | $482,219 |
Housing Distribution
Address Breakdown
Residential
10,269
Single Family
10,009
Multi-Family
260
Businesses
788
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Rasmussen • Keller Williams Realty East Idaho
Mls Name: SRMLS
Mls Provider:
Mls ID: #2178071
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.