7421 Wells StBonners FerryID83805
INVESTMENT ANALYSIS
Investment Verdict
Solid Income7421 Wells St, Bonners Ferry, ID, 83805 in Bonners Ferry is a solid income-producing rental, 8.62% gross yield, $1,795/mo rent, $357/mo net cash flow on a $250,000 buy. DSCR 1.60 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $69,070 and $2,303/yr in principal reduction project a total cumulative return of $117,325.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $357 | $200 |
City averages based on Bonners Ferry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,795 |
| Total Monthly Debt Service | $1,339 |
| DSCR Ratio | 1.34x |
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.
Single Family
Built in 1965
0.37 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
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
Single Family
Built in 1965
0.37 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Mendenhall • COLDWELL BANKER SCHNEIDMILLER
Mls Name: SELMLS
Mls ID: #20252086