140 Railroad Ave #2KelloggID83837
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 140 Railroad Ave #2, Kellogg, ID, 83837 in Kellogg worth study. Rental yield 5.01%. The 5.01% gross yield is below cash-flow benchmarks at $395,000, but 5% annual appreciation, adding $109,131 over five years, frames this as a capital growth position. Rent of $1,650/mo partially offsets the $1,776/mo payment. Ziffy Mortgage finances appreciation-play properties (0.93 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $93,384.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 5.2% |
| Monthly Cash Flow | $(882) | $300 |
City averages based on Kellogg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,650 |
| Total Monthly Debt Service | $2,375 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
0.70 Acres lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83837, Kellogg, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 900 (53.6%) |
| Renter Occupied HU | 542 (32.3%) |
| Vacant Housing Units | 237 (14.1%) |
| Median Home Value | $288,426 |
| Average Home Value | $302,119 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,246
Multi-Family
120
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1986
0.70 Acres lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83837, Kellogg, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 900 (53.6%) |
| Renter Occupied HU | 542 (32.3%) |
| Vacant Housing Units | 237 (14.1%) |
| Median Home Value | $288,426 |
| Average Home Value | $302,119 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,246
Multi-Family
120
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Cannon • TOMLINSON SOTHEBY`S INTL. REAL
Mls Name: SELMLS
Mls Provider:
Mls ID: #20250378
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.