58 E Harper AveDriggsID83422
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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 58 E Harper Ave, Driggs, ID, 83422 listed at $250,000 pairs $2,428/mo rent with a $1,224/mo payment to leave $989/mo cash flow. Total monthly income runs $2,428/mo, and annual cash flow reaches $11,873/yr on $82,875 cash to close. Return on cash invested measures 34.24% in year one, and rental yield registers 11.65% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 179.13% and total cumulative return in cash totals $148,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,428/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
7,405 sqft lot
$N/A/sqft
No 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: Mandy Rockefeller • Teton Valley Realty
Mls Name: TBOR
Mls Provider:
Mls ID: #24-2540
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.