1640 Davis Ave #7McCallID83638
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1640 Davis Ave #7, McCall, ID, 83638 in McCall fits: $518,500, 5.33% gross yield, and a projected 5% annual appreciation rate adding $143,252 in value within five years. Rental yield 5.33%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.99) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,775/yr in principal paydown and $143,252 in appreciation project a total return of $151,782.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 7.0% |
| Monthly Cash Flow | $(1,161) | $1,500 |
City averages based on McCall market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,302 |
| Total Monthly Debt Service | $2,777 |
| DSCR Ratio | 0.83x |
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 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83638, Mccall, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,224 (100%) |
| Owner Occupied HU | 2,620 (36.3%) |
| Renter Occupied HU | 803 (11.1%) |
| Vacant Housing Units | 3,801 (52.6%) |
| Median Home Value | $755,549 |
| Average Home Value | $806,190 |
Housing Distribution
Address Breakdown
Residential
1,655
Single Family
1,653
Multi-Family
2
Businesses
601
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 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83638, Mccall, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,224 (100%) |
| Owner Occupied HU | 2,620 (36.3%) |
| Renter Occupied HU | 803 (11.1%) |
| Vacant Housing Units | 3,801 (52.6%) |
| Median Home Value | $755,549 |
| Average Home Value | $806,190 |
Housing Distribution
Address Breakdown
Residential
1,655
Single Family
1,653
Multi-Family
2
Businesses
601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices