6647 N Alderson LnBonners FerryID83805
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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 Bonners Ferry at 6647 N Alderson Ln, Bonners Ferry, ID, 83805 generates $2,262/mo in rent and, after a $1,517/mo payment, leaves $479/mo in cash flow. Total monthly income is $2,262/mo, and annual cash flow is $5,747/yr on $102,765 invested. Return on cash invested sits at 25.5% in year one, and rental yield is 8.76% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 132.25% and total cumulative return in cash sums $135,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,262/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83805, Bonners Ferry, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,181 (100%) |
| Owner Occupied HU | 2,910 (69.6%) |
| Renter Occupied HU | 809 (19.3%) |
| Vacant Housing Units | 462 (11.0%) |
| Median Home Value | $398,825 |
| Average Home Value | $479,766 |
Housing Distribution
Address Breakdown
Residential
3,328
Single Family
3,327
Multi-Family
1
Businesses
427
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Listed by: Jeffrie Halligan • EPIQUE REALTY
Mls Name: SELMLS
Mls ID: #20252561