656 2nd St WRirieID83443
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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
Investment property for sale in Ririe at 656 2nd St W, Ririe, ID, 83443 earns $116/mo cash flow from $1,928/mo rent with a $1,542/mo payment. Total monthly income totals $1,928/mo, and annual cash flow totals $1,387/yr on $104,423 capital. ROI tracks 21.24% on current figures, and rental yield reads 7.34% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 109.4% and total cumulative return in cash sums $114,233. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,928/mo property income instead of your personal income.
Single Family
Built in 1947
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83443, Ririe, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 352 (70.5%) |
| Renter Occupied HU | 77 (15.4%) |
| Vacant Housing Units | 70 (14.0%) |
| Median Home Value | $513,462 |
| Average Home Value | $493,565 |
Housing Distribution
Address Breakdown
Residential
207
Single Family
207
Multi-Family
0
Businesses
43
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