214 E Main StWendellID83355
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 214 E Main St, Wendell, ID, 83355 in Wendell. Priced at $149,900, it generates $1,792/mo in gross rent and $877/mo in net monthly cash flow, a 14.34% yield that comfortably supports the 2.66 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,521. Five-year appreciation: $41,415. Equity from principal paydown: $1,381/yr. Total projected cumulative return: $113,243.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 5.2% |
| Monthly Cash Flow | $877 | $300 |
City averages based on Wendell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,792 |
| Total Monthly Debt Service | $855 |
| DSCR Ratio | 2.10x |
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 N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83355, Wendell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,008 (100%) |
| Owner Occupied HU | 1,225 (61.0%) |
| Renter Occupied HU | 668 (33.3%) |
| Vacant Housing Units | 115 ( 5.7%) |
| Median Home Value | $279,206 |
| Average Home Value | $349,010 |
Housing Distribution
Address Breakdown
Residential
1,748
Single Family
1,748
Multi-Family
0
Businesses
110
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 N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83355, Wendell, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,008 (100%) |
| Owner Occupied HU | 1,225 (61.0%) |
| Renter Occupied HU | 668 (33.3%) |
| Vacant Housing Units | 115 ( 5.7%) |
| Median Home Value | $279,206 |
| Average Home Value | $349,010 |
Housing Distribution
Address Breakdown
Residential
1,748
Single Family
1,748
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices