542 2nd St ERirieID83443
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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 Ririe at 542 2nd St E, Ririe, ID, 83443 uses $109,329 cash to close to unlock $719/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $1,957/mo, and a $1,614/mo payment keeps the spread at $60/mo. Purchase price stands at $329,800, and rental yield measures 7.12% with $1,957/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $91,118 over five years. Five-year ROI reaches 105.78% and total cumulative return in cash records $115,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,957/mo property income covering a $1,614/mo payment rather than investor’s personal income.
Single Family
Built in 1922
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83443, Ririe, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 352 (70.5%) |
| Renter Occupied HU | 77 (15.4%) |
| Vacant Housing Units | 70 (14.0%) |
| Median Home Value | $513,462 |
| Average Home Value | $493,565 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
207
Multi-Family
0
Businesses
43
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