514 Main StWardnerID83837
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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
Investment Highlights
Rental property for sale in Wardner at 514 Main St, Wardner, ID, 83837 offers $1,680/mo rent that, after a $1,493/mo payment. Total monthly income is $1,680/mo. Return on cash invested measures 19.02% in year one, and rental yield stands at 6.61% at a $305,000 entry. Equity gained on principal adds $1,968/yr while 5% annual appreciation compounds into $84,266 by year five. Five-year ROI records 97.56% and total cumulative return in cash reaches $98,638. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $1,493/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83837, Kellogg, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 900 (53.6%) |
| Renter Occupied HU | 542 (32.3%) |
| Vacant Housing Units | 237 (14.1%) |
| Median Home Value | $288,426 |
| Average Home Value | $302,119 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,246
Multi-Family
120
Businesses
200
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