385 Shelley AveShelleyID83274
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 385 Shelley Ave, Shelley, ID, 83274 in Shelley fits: $340,000, 5.51% gross yield, and a projected 5% annual appreciation rate adding $93,936 in value within five years. Rental yield 5.51%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.02) 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 $102,899.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 6.0% |
| Monthly Cash Flow | $(395) | $300 |
City averages based on Shelley market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,561 |
| Total Monthly Debt Service | $1,821 |
| DSCR Ratio | 0.86x |
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 1957
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83274, Shelley, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,839 (100%) |
| Owner Occupied HU | 2,977 (77.5%) |
| Renter Occupied HU | 700 (18.2%) |
| Vacant Housing Units | 162 ( 4.2%) |
| Median Home Value | $397,014 |
| Average Home Value | $450,489 |
Housing Distribution
Address Breakdown
Residential
3,761
Single Family
3,693
Multi-Family
68
Businesses
181
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 1957
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83274, Shelley, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,839 (100%) |
| Owner Occupied HU | 2,977 (77.5%) |
| Renter Occupied HU | 700 (18.2%) |
| Vacant Housing Units | 162 ( 4.2%) |
| Median Home Value | $397,014 |
| Average Home Value | $450,489 |
Housing Distribution
Address Breakdown
Residential
3,761
Single Family
3,693
Multi-Family
68
Businesses
181
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices