413 E Pierce AveWeippeID83553
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 413 E Pierce Ave, Weippe, ID, 83553 in Weippe: $1,483/mo in rent, $592/mo net, 11.49% gross yield, all on a $154,900 acquisition. The 2.13 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $42,796 in value, and $1,427/yr in principal paydown steadily builds equity. Projected total cumulative return: $96,561.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.0% |
| Monthly Cash Flow | $592 | $150 |
City averages based on Weippe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,483 |
| Total Monthly Debt Service | $829 |
| DSCR Ratio | 1.79x |
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.
Single Family
Built in 1925
7,840 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
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 1925
7,840 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
Nearby investment properties with comparable prices