97 E 1 NPrestonID83263
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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 Preston at 97 E 1 N, Preston, ID, 83263 with 5% annual appreciation on a $419,000 basis while $2,802/mo rent supports operations. Total monthly income totals $2,802/mo and a $2,051/mo payment preserves $391/mo for cash returns. Annual cash flow comes to $4,696/yr on $138,899 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $2,704/yr, and five-year appreciation sums $115,762 alongside rental yield of 8.02%. Five-year ROI measures 120.42% and total cumulative return in cash totals $167,261.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,802/mo property income versus a $2,051/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1934
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83263, Preston, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,861 (74.9%) |
| Renter Occupied HU | 686 (18.0%) |
| Vacant Housing Units | 271 ( 7.1%) |
| Median Home Value | $385,890 |
| Average Home Value | $456,881 |
Housing Distribution
Address Breakdown
Residential
3,624
Single Family
3,624
Multi-Family
0
Businesses
317
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Listed by: Janene Jensen • Beckstead Real Estate, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2029348
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-17 00:15:15 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)