302 Berger StRigginsID83549
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 302 Berger St, Riggins, ID, 83549 in Riggins: $6,150/mo in rent, $685/mo in net income, 7.77% gross yield, 1.44 DSCR, all at $949,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $262,440 in appreciation and $8,749/yr in principal paydown projects total cumulative return of $402,510.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 7.0% |
| Monthly Cash Flow | $685 | $1,200 |
City averages based on Riggins 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 | $6,150 |
| Total Monthly Debt Service | $5,087 |
| DSCR Ratio | 1.21x |
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.
Multi Family
Built in 1988
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83549, Riggins, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 649 (100%) |
| Owner Occupied HU | 356 (54.9%) |
| Renter Occupied HU | 101 (15.6%) |
| Vacant Housing Units | 192 (29.6%) |
| Median Home Value | $432,927 |
| Average Home Value | $688,013 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Multi Family
Built in 1988
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83549, Riggins, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 649 (100%) |
| Owner Occupied HU | 356 (54.9%) |
| Renter Occupied HU | 101 (15.6%) |
| Vacant Housing Units | 192 (29.6%) |
| Median Home Value | $432,927 |
| Average Home Value | $688,013 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
