6689 Stephens StBonners 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 6689 Stephens St, Bonners Ferry, ID, 83805 offers $2,639/mo rent that, after a $1,786/mo payment, leaves $540/mo cash flow. Total monthly income is $2,639/mo, and annual cash flow is $6,476/yr on $120,998 cash. Return on cash invested measures 25.26% in year one, and rental yield stands at 8.68% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 130.97% and total cumulative return in cash reaches $158,467. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,639/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
9,147 sqft 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: Kate Tye • Keller Williams Realty Coeur d'Alene
Mls Name: Coeur d'Alene MLS
Mls ID: #25-9717