976 Boise AveIdaho FallsID83402
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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 Idaho Falls at 976 Boise Ave, Idaho Falls, ID, 83402 earns $815/mo cash flow from $2,598/mo rent with a $1,517/mo payment. Total monthly income totals $2,598/mo, and annual cash flow totals $9,779/yr on $102,765 capital. ROI tracks 29.42% on current figures, and rental yield reads 10.06% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 153.28% and total cumulative return in cash sums $157,519. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,598/mo property income instead of your personal income.
Single Family
Built in 1971
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83402, Idaho Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,782 (100%) |
| Owner Occupied HU | 7,667 (60.0%) |
| Renter Occupied HU | 4,234 (33.1%) |
| Vacant Housing Units | 881 ( 6.9%) |
| Median Home Value | $349,931 |
| Average Home Value | $381,138 |
Housing Distribution
Address Breakdown
Residential
11,881
Single Family
10,988
Multi-Family
893
Businesses
1,362
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Listed by: Joe Kohler • HomeSmart Premier Realty
Mls Name: SRMLS
Mls Provider:
Mls ID: #2172813
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.