265 Scenic DrBonners FerryID83805
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
Investment Highlights
Rental property for sale in Bonners Ferry at 265 Scenic Dr, Bonners Ferry, ID, 83805 offers $1,500/mo rent that, after a $6,309/mo payment. Total monthly income is $1,500/mo. Return on cash invested measures 3.37% in year one, and rental yield stands at 1.4% at a $1,289,000 entry. Equity gained on principal adds $8,318/yr while 5% annual appreciation compounds into $356,127 by year five. Five-year ROI records 13.48% and total cumulative return in cash reaches $56,310. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,500/mo property income versus a $6,309/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
3.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83805, Bonners Ferry, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,181 (100%) |
| Owner Occupied HU | 2,910 (69.6%) |
| Renter Occupied HU | 809 (19.3%) |
| Vacant Housing Units | 462 (11.0%) |
| Median Home Value | $398,825 |
| Average Home Value | $479,766 |
Housing Distribution
Address Breakdown
Residential
3,328
Single Family
3,327
Multi-Family
1
Businesses
427
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Listed by: Isaac Carey • ERA-SHELMAN REALTY
Mls Name: SELMLS
Mls ID: #20260164