50 Carnelian Ave #203PonderayID83852
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 50 Carnelian Ave #203, Ponderay, ID, 83852 in Ponderay, $355,000, 7.26% gross yield, $105/mo net income. Consider it a market-entry position, the $2,147/mo rent covers the $1,596/mo payment with a margin, and 5%/yr appreciation is projected to add $98,080 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.35) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $140,729.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 7.0% |
| Monthly Cash Flow | $105 | $900 |
City averages based on Ponderay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,147 |
| Total Monthly Debt Service | $1,901 |
| DSCR Ratio | 1.13x |
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.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83852, Ponderay, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 751 (100%) |
| Owner Occupied HU | 377 (50.2%) |
| Renter Occupied HU | 320 (42.6%) |
| Vacant Housing Units | 54 ( 7.2%) |
| Median Home Value | $416,447 |
| Average Home Value | $475,338 |
Housing Distribution
Address Breakdown
Residential
551
Single Family
455
Multi-Family
96
Businesses
287
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
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83852, Ponderay, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 751 (100%) |
| Owner Occupied HU | 377 (50.2%) |
| Renter Occupied HU | 320 (42.6%) |
| Vacant Housing Units | 54 ( 7.2%) |
| Median Home Value | $416,447 |
| Average Home Value | $475,338 |
Housing Distribution
Address Breakdown
Residential
551
Single Family
455
Multi-Family
96
Businesses
287
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices