6962 Oak 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 6962 Oak St, Bonners Ferry, ID, 83805 priced at $225,000 converts $2,168/mo rent into $874/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,168/mo, and annual cash flow totals $10,486/yr on $74,588 invested. Return on cash invested prints 33.97% in year one, and rental yield reads 11.56% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 177.66% and total cumulative return in cash sums $132,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,168/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1916
6,969 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: Kirsten Madden • CENTURY 21 FOUR SEASONS REALTY
Mls Name: SELMLS
Mls Provider:
Mls ID: #20251126
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.