185 King StWallaceID83873
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Wallace rentals match the income profile of 185 King St, Wallace, ID, 83873. Listed at $267,500, gross rent is $2,656/mo and net cash flow is $1,117/mo, a 11.91% yield well above national averages. DSCR 2.21 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $73,905 by year five with $2,464/yr in annual principal reduction, projecting $172,836 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 5.0% |
| Monthly Cash Flow | $1,117 | $300 |
City averages based on Wallace market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,656 |
| Total Monthly Debt Service | $1,432 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1915
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83873, Wallace, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,429 (100%) |
| Owner Occupied HU | 729 (51.0%) |
| Renter Occupied HU | 310 (21.7%) |
| Vacant Housing Units | 390 (27.3%) |
| Median Home Value | $288,966 |
| Average Home Value | $319,760 |
Housing Distribution
Address Breakdown
Residential
792
Single Family
682
Multi-Family
110
Businesses
184
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
Single Family
Built in 1915
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83873, Wallace, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,429 (100%) |
| Owner Occupied HU | 729 (51.0%) |
| Renter Occupied HU | 310 (21.7%) |
| Vacant Housing Units | 390 (27.3%) |
| Median Home Value | $288,966 |
| Average Home Value | $319,760 |
Housing Distribution
Address Breakdown
Residential
792
Single Family
682
Multi-Family
110
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Owen Webster Cotter • Silvercreek Realty Group, LLC
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-7012
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.