591 S 2nd Ave #9KetchumID83340
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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
Rental property for sale in Ketchum at 591 S 2nd Ave #9, Ketchum, ID, 83340 generates $4,951/mo in rent, after a $4,650/mo payment. Total monthly income is $4,951/mo. Return on cash invested sits at 18.09% in year one, and rental yield is 6.25% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 92.45% and total cumulative return in cash sums $288,950. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,951/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83340, Ketchum, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,468 (100%) |
| Owner Occupied HU | 1,579 (35.3%) |
| Renter Occupied HU | 771 (17.3%) |
| Vacant Housing Units | 2,118 (47.4%) |
| Median Home Value | $973,821 |
| Average Home Value | $1,185,082 |
Housing Distribution
Address Breakdown
Residential
48
Single Family
48
Multi-Family
0
Businesses
569
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