630 Preston AveLewistonID83501
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 630 Preston Ave, Lewiston, ID, 83501 in Lewiston. Rental yield 5.4%. At $515,000 with 5.4% gross yield, current distributions are modest, but the 5% appreciation rate projects $142,285 in new equity by year five, complemented by $4,743/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.00) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $152,793.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 5.8% |
| Monthly Cash Flow | $(644) | $420 |
City averages based on Lewiston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,318 |
| Total Monthly Debt Service | $2,758 |
| DSCR Ratio | 0.84x |
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.
Multi Family
Built in 1973
7,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83501, Lewiston, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,634 (100%) |
| Owner Occupied HU | 11,156 (67.1%) |
| Renter Occupied HU | 4,748 (28.5%) |
| Vacant Housing Units | 730 ( 4.4%) |
| Median Home Value | $363,387 |
| Average Home Value | $396,952 |
Housing Distribution
Address Breakdown
Residential
15,777
Single Family
15,154
Multi-Family
623
Businesses
1,512
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
Multi Family
Built in 1973
7,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83501, Lewiston, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,634 (100%) |
| Owner Occupied HU | 11,156 (67.1%) |
| Renter Occupied HU | 4,748 (28.5%) |
| Vacant Housing Units | 730 ( 4.4%) |
| Median Home Value | $363,387 |
| Average Home Value | $396,952 |
Housing Distribution
Address Breakdown
Residential
15,777
Single Family
15,154
Multi-Family
623
Businesses
1,512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices