609 Bluebird LnChallisID83226
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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 Challis at 609 Bluebird Ln, Challis, ID, 83226 generates $1,620/mo in rent and, after a $976/mo payment, leaves $473/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $5,673/yr on $66,134 invested. Return on cash invested sits at 28.49% in year one, and rental yield is 9.74% on a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 148.27% and total cumulative return in cash sums $98,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Manufactured
Built in 1980
2.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83226, Challis, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,408 (100%) |
| Owner Occupied HU | 902 (64.1%) |
| Renter Occupied HU | 227 (16.1%) |
| Vacant Housing Units | 279 (19.8%) |
| Median Home Value | $326,519 |
| Average Home Value | $358,132 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
584
Multi-Family
3
Businesses
160
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