651 2nd Ave WTwin FallsID83301
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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 Twin Falls at 651 2nd Ave W, Twin Falls, ID, 83301 priced at $309,000 converts $1,958/mo rent into $181/mo cash flow after a $1,512/mo obligation. Total monthly income equals $1,958/mo, and annual cash flow totals $2,169/yr on $102,434 invested. Return on cash invested prints 22.03% in year one, and rental yield reads 7.6% against a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation compiles into $85,371 by year five. Five-year ROI reaches 113.63% and total cumulative return in cash sums $116,393. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,958/mo property income covering a $1,512/mo payment, not borrower’s personal income.
Single Family
Built in 1914
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83301, Twin Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,718 (100%) |
| Owner Occupied HU | 16,208 (63.0%) |
| Renter Occupied HU | 8,273 (32.2%) |
| Vacant Housing Units | 1,237 ( 4.8%) |
| Median Home Value | $362,389 |
| Average Home Value | $408,128 |
Housing Distribution
Address Breakdown
Residential
24,586
Single Family
23,604
Multi-Family
982
Businesses
2,260
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Listed by: Maria Walker • Westerra Real Estate Group
Mls Name: IMLS
Mls ID: #98962890