1931 W 800 SSpringfieldID83277
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 1931 W 800 S, Springfield, ID, 83277 in Springfield at $399,000. Rent of $2,305/mo nets $10/mo after debt service. The 6.93% yield and 1.28 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $110,236 by year five, and $3,675/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $151,193.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $10 | $300 |
City averages based on Springfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,305 |
| Total Monthly Debt Service | $2,137 |
| DSCR Ratio | 1.08x |
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 1980
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83277, Springfield, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 51 (100%) |
| Owner Occupied HU | 38 (74.5%) |
| Renter Occupied HU | 5 ( 9.8%) |
| Vacant Housing Units | 8 (15.7%) |
| Median Home Value | $287,500 |
| Average Home Value | $349,671 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
1
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 1980
2.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83277, Springfield, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 51 (100%) |
| Owner Occupied HU | 38 (74.5%) |
| Renter Occupied HU | 5 ( 9.8%) |
| Vacant Housing Units | 8 (15.7%) |
| Median Home Value | $287,500 |
| Average Home Value | $349,671 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindi Homer • Real Broker LLC
Mls Name: SRMLS
Mls Provider:
Mls ID: #2172684
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.