230 STATE, Preston, ID 83263
3BD/—BA Residential in Preston, ID 83263. 2,016 sqft. Built 1940. Listed at $195,000. MLS #2173216.
3BD/—BA Residential in Preston, ID 83263. 2,016 sqft. Built 1940. Listed at $195,000. MLS #2173216.
With thoughtful renovations, this home has strong potential to be worth more than the current asking price, offering an excellent opportunity to build equity. This home has been mostly cleared out. There are hardwood floors that would look great! HUGE .41 acre deep lot! Lots of potential! Sold AS-IS * Bedrooms, bathrooms, living rooms, kitchen and laundry are not finished. Showing as potential and what was there before. Square footage figures are provided as a courtesy estimate only and were obtained from Franklin County. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Franklin
Zoning
Single-Family, Commercial
Construction
Aluminum
Lot Size
0.41 sq ft
Above Grade Area
1,008 sq ft
Condition
Blt./Standing
MLS #
2173216
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Franklin
Zoning
Single-Family, Commercial
Construction
Aluminum
Lot Size
0.41 sq ft
Above Grade Area
1,008 sq ft
Condition
Blt./Standing
MLS #
2173216
List Price
$195,000
Annual Taxes
$2,057
Home Warranty
No
List Price
$195,000
Annual Taxes
$2,057
Home Warranty
No
Roof
Metal
Flooring
Hardwood
Basement
Full
Materials
Aluminum
Water Source
Culinary
Sewer
Sewer: Public
Roof
Metal
Flooring
Hardwood
Basement
Full
Materials
Aluminum
Water Source
Culinary
Sewer
Sewer: Public
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
45% below
vs Market Median
42% below
Area Growth (YoY)
16.0%
Deal Score Breakdown
100/100 · 3 qualifying signals
Priced 45% below the median of similar listings
Priced 42% below the per-subtype city median
16.0% year-over-year ZHVI growth in this area
STR net cashflow +$40/mo (+2.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$25,264/yr
$361/night · 44% occupancy · $102/bedroom · $0.20/sqft
Net Monthly Cash Flow
+$40 /mo (+$485/yr)
Monthly STR income
Monthly ownership cost
Coverage
147%
Net /mo
+$40
DSCR
1.47
$445,000
-56% vs median
98 days
66
$175,000 – $1,499,000
$2,057
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