255 Main StGrand ViewID83624
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 255 Main St, Grand View, ID, 83624 in Grand View fits: $340,000, 5.83% gross yield, and a projected 5% annual appreciation rate adding $93,936 in value within five years. Rental yield 5.83%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.08) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,131/yr in principal paydown and $93,936 in appreciation project a total return of $108,695.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.2% |
| Monthly Cash Flow | $(305) | $200 |
City averages based on Grand View market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,651 |
| Total Monthly Debt Service | $1,821 |
| DSCR Ratio | 0.91x |
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.
Single Family
Built in 1909
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83624, Grand View, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 316 (62.5%) |
| Renter Occupied HU | 160 (31.6%) |
| Vacant Housing Units | 30 ( 5.9%) |
| Median Home Value | $376,190 |
| Average Home Value | $383,782 |
Housing Distribution
Address Breakdown
Residential
169
Single Family
169
Multi-Family
0
Businesses
49
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 1909
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83624, Grand View, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 506 (100%) |
| Owner Occupied HU | 316 (62.5%) |
| Renter Occupied HU | 160 (31.6%) |
| Vacant Housing Units | 30 ( 5.9%) |
| Median Home Value | $376,190 |
| Average Home Value | $383,782 |
Housing Distribution
Address Breakdown
Residential
169
Single Family
169
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: IMLS
Mls ID: #98982667