597 Hickory Pl, Idaho Falls, ID, 83402 | $479/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Idaho Falls at 597 Hickory Pl, Idaho Falls, ID, 83402 with 5% annual appreciation on a $490,000 basis while $3,308/mo rent supports operations. Total monthly income totals $3,308/mo and a $2,398/mo payment preserves $479/mo for cash returns. Annual cash flow comes to $5,748/yr on $162,435 deployed, and return on cash invested reaches 23.45% in year one. Equity gained on principal adds $3,162/yr, and five-year appreciation sums $135,378 alongside rental yield of 8.1%. Five-year ROI measures 121.27% and total cumulative return in cash totals $196,980.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,308/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1998

10,018 sqft lot

$N/A/sqft

$125 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 83402, Idaho Falls, ID area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,782 (100%)
Owner Occupied HU	7,667 (60.0%)
Renter Occupied HU	4,234 (33.1%)
Vacant Housing Units	881 ( 6.9%)
Median Home Value	$349,931
Average Home Value	$381,138