24 Miles RdBancroftID83217
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 24 Miles Rd, Bancroft, ID, 83217 in Bancroft at $179,000 earns $1,109/mo in rent and nets $79/mo after the $805/mo payment, a 7.43% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $49,454 over five years. Ziffy Mortgage underwrites this on a 1.38 DSCR without U.S. credit history. With $1,649/yr in principal paydown, total projected return reaches $72,675.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.5% |
| Monthly Cash Flow | $79 | $800 |
City averages based on Bancroft market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,109 |
| Total Monthly Debt Service | $959 |
| DSCR Ratio | 1.16x |
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.
Lot
Built in N/A
12.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83217, Bancroft, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 373 (100%) |
| Owner Occupied HU | 231 (61.9%) |
| Renter Occupied HU | 50 (13.4%) |
| Vacant Housing Units | 92 (24.7%) |
| Median Home Value | $269,915 |
| Average Home Value | $284,199 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Lot
Built in N/A
12.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83217, Bancroft, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 373 (100%) |
| Owner Occupied HU | 231 (61.9%) |
| Renter Occupied HU | 50 (13.4%) |
| Vacant Housing Units | 92 (24.7%) |
| Median Home Value | $269,915 |
| Average Home Value | $284,199 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
