800 E Butte AveChallisID83226
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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 800 E Butte Ave, Challis, ID, 83226 priced at $250,000 converts $1,620/mo rent into $181/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $2,177/yr on $82,875 invested. Return on cash invested prints 22.54% in year one, and rental yield reads 7.78% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 116.38% and total cumulative return in cash sums $96,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
10,149 sqft 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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