6013 Nounan RdMontpelierID83254
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 6013 Nounan Rd, Montpelier, ID, 83254 in Montpelier worth study. Rental yield 3.53%. The 3.53% gross yield is below cash-flow benchmarks at $490,000, but 5% annual appreciation, adding $135,378 over five years, frames this as a capital growth position. Rent of $1,440/mo partially offsets the $2,203/mo payment. Ziffy Mortgage finances appreciation-play properties (0.65 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $96,187.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.0% |
| Monthly Cash Flow | $(1,379) | $200 |
City averages based on Montpelier market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $2,624 |
| DSCR Ratio | 0.55x |
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 1905
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83254, Montpelier, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,937 (100%) |
| Owner Occupied HU | 1,340 (69.2%) |
| Renter Occupied HU | 321 (16.6%) |
| Vacant Housing Units | 276 (14.2%) |
| Median Home Value | $283,088 |
| Average Home Value | $331,377 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,494
Multi-Family
74
Businesses
180
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 1905
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83254, Montpelier, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,937 (100%) |
| Owner Occupied HU | 1,340 (69.2%) |
| Renter Occupied HU | 321 (16.6%) |
| Vacant Housing Units | 276 (14.2%) |
| Median Home Value | $283,088 |
| Average Home Value | $331,377 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,494
Multi-Family
74
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carie Beard • Keller Williams Realty East Idaho
Mls Name: SRMLS
Mls ID: #2179129