70 2nd East St S #7DriggsID83422
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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 Driggs at 70 2nd East St S #7, Driggs, ID, 83422 priced at $425,000 pairs $3,582/mo rent with $1,012/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,582/mo, and annual cash flow comes to $12,146/yr on $140,888 invested. Return on cash invested is 28.53% in year one, and rental yield stands at 10.11% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 148.9% and total cumulative return in cash reaches $209,777. For financing, Ziffy Mortgage’s DSCR program evaluates $3,582/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1978
871.20 sqft lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83422, Driggs, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,329 (100%) |
| Owner Occupied HU | 1,187 (51.0%) |
| Renter Occupied HU | 514 (22.1%) |
| Vacant Housing Units | 628 (27.0%) |
| Median Home Value | $599,288 |
| Average Home Value | $709,021 |
Housing Distribution
Address Breakdown
Residential
1,352
Single Family
1,352
Multi-Family
0
Businesses
383
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Listed by: W Sam Lea • Teton Valley Realty
Mls Name: TBOR
Mls Provider:
Mls ID: #24-1685
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.