27474 N Tom Beall RdLapwaiID83540
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 27474 N Tom Beall Rd, Lapwai, ID, 83540 in Lapwai. Rental yield 5.89%. At $425,000 with 5.89% gross yield, current distributions are modest, but the 5% appreciation rate projects $117,420 in new equity by year five, complemented by $3,914/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.09) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $137,159.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.0% |
| Monthly Cash Flow | $(361) | $250 |
City averages based on Lapwai 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 | $2,084 |
| Total Monthly Debt Service | $2,276 |
| DSCR Ratio | 0.92x |
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.
Manufactured
Built in 1982
14.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83540, Lapwai, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 846 (100%) |
| Owner Occupied HU | 581 (68.7%) |
| Renter Occupied HU | 207 (24.5%) |
| Vacant Housing Units | 58 ( 6.9%) |
| Median Home Value | $371,739 |
| Average Home Value | $417,616 |
Housing Distribution
Address Breakdown
Residential
350
Single Family
350
Multi-Family
0
Businesses
38
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
Manufactured
Built in 1982
14.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83540, Lapwai, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 846 (100%) |
| Owner Occupied HU | 581 (68.7%) |
| Renter Occupied HU | 207 (24.5%) |
| Vacant Housing Units | 58 ( 6.9%) |
| Median Home Value | $371,739 |
| Average Home Value | $417,616 |
Housing Distribution
Address Breakdown
Residential
350
Single Family
350
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices