5320 Long Cove DrIdaho FallsID83404
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 5320 Long Cove Dr, Idaho Falls, ID, 83404 in Idaho Falls. At $598,000 it earns $3,804/mo in rent and distributes $339/mo to the owner after the $2,689/mo payment, a consistent 7.63% yield. DSCR 1.41 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $165,216 in value; $5,508/yr in principal paydown compounds ownership stake. Total projected return: $247,536.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 7.0% |
| Monthly Cash Flow | $339 | $350 |
City averages based on Idaho Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,804 |
| Total Monthly Debt Service | $3,227 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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.