647 Periska Way, Idaho Falls, ID, 83402 | 4.24% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1000 sft

208 E Locust St, Shelley, ID, 83274

3 Bed
1 Bath
1080 sft

2625 S Ammon Rd APT 4, Ammon, ID, 83406

3 Bed
1 Bath
2016 sft

792 N 1100 E, Shelley, ID, 83274

3 Bed
3 Bath
1445 sft

1077 Jaylee Dr UNIT 3, Rigby, ID, 83442

Nearby investment properties with comparable prices

Brantwood Plan, Hillcrest Ranch | OLO Builders

1 Bed
2 Bath
1970 sft

Brantwood Plan, Hillcrest Ranch | OLO Builders, Ammon, ID, 83406

Westbrook Plan, Sunset Vista | OLO Builders

1 Bed
2 Bath
1808 sft

Westbrook Plan, Sunset Vista | OLO Builders, Shelley, ID, 83274

Cambria Plan, Rolling Hills Acres | OLO Builders

3 Bed
2 Bath
2971 sft

Cambria Plan, Rolling Hills Acres | OLO Builders, Idaho Falls, ID, 83402

4 Bed
3 Bath
2631 sft

Ashland- Slab-On-Grade Plan, Simplicity, Idaho Falls, ID, 83402

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Idaho Falls at 647 Periska Way, Idaho Falls, ID, 83402 listed at $579,000 pairs $2,044/mo rent with a $2,834/mo payment. Total monthly income runs $2,044/mo. Return on cash invested measures 11.8% in year one, and rental yield registers 4.24% at a $579,000 basis. Equity gained on principal adds $3,736/yr, and annual property appreciation at 5% supports $159,967 by year five. Five-year ROI tracks 58.81% and total cumulative return in cash totals $112,027. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,044/mo property income relative to a $2,834/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2020

0.26 Acres lot

$N/A/sqft

$300 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