403 W 1st StWeippeID83553
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 403 W 1st St, Weippe, ID, 83553 in Weippe is priced for capital growth, not immediate cash flow. The $120,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $33,154 by year five, with $1,105/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $825.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Weippe market data in our database. Property projections are estimates.
Manufactured
Built in 2005
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83553, Weippe, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 449 (68.1%) |
| Renter Occupied HU | 100 (15.2%) |
| Vacant Housing Units | 110 (16.7%) |
| Median Home Value | $260,965 |
| Average Home Value | $269,271 |
Housing Distribution
Address Breakdown
Residential
271
Single Family
271
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2005
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83553, Weippe, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 449 (68.1%) |
| Renter Occupied HU | 100 (15.2%) |
| Vacant Housing Units | 110 (16.7%) |
| Median Home Value | $260,965 |
| Average Home Value | $269,271 |
Housing Distribution
Address Breakdown
Residential
271
Single Family
271
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Listed by: Steve Knight • RE/MAX Rock-n-Roll Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98943151
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