604 N 3rd StBellevueID83313
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 604 N 3rd St, Bellevue, ID, 83313 in Bellevue speaks for itself: 10.03% gross on a $425,000 price, generating $3,553/mo in rent and $1,108/mo in net income after the $1,911/mo debt service. DSCR 1.86, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,299 stacks alongside $117,420 in projected five-year appreciation and $3,914/yr in principal reduction. Projected total cumulative return: $231,683.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.0% |
| Monthly Cash Flow | $1,108 | $300 |
City averages based on Bellevue market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,553 |
| Total Monthly Debt Service | $2,276 |
| DSCR Ratio | 1.56x |
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.
Manufactured
Built in 1976
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83313, Bellevue, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,778 (100%) |
| Owner Occupied HU | 1,204 (67.7%) |
| Renter Occupied HU | 355 (20.0%) |
| Vacant Housing Units | 219 (12.3%) |
| Median Home Value | $614,286 |
| Average Home Value | $790,482 |
Housing Distribution
Address Breakdown
Residential
916
Single Family
916
Multi-Family
0
Businesses
195
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
Manufactured
Built in 1976
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83313, Bellevue, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,778 (100%) |
| Owner Occupied HU | 1,204 (67.7%) |
| Renter Occupied HU | 355 (20.0%) |
| Vacant Housing Units | 219 (12.3%) |
| Median Home Value | $614,286 |
| Average Home Value | $790,482 |
Housing Distribution
Address Breakdown
Residential
916
Single Family
916
Multi-Family
0
Businesses
195
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices