842 W Midway St #C-36FilerID83328
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowA DSCR of 1.87 makes 842 W Midway St #C-36, Filer, ID, 83328 in Filer one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 10.11%. The 10.11% yield, 5% annual appreciation ($35,557 over five years), and $1,185/yr in principal reduction project a total cumulative return of $44,878.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.0% |
| Monthly Cash Flow | $(86) | $500 |
City averages based on Filer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,084 |
| Total Monthly Debt Service | $1,119 |
| DSCR Ratio | 0.97x |
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.
Manufactured
Built in 1973
N/A lot
$N/A/sqft
$430 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83328, Filer, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,626 (100%) |
| Owner Occupied HU | 1,984 (75.6%) |
| Renter Occupied HU | 512 (19.5%) |
| Vacant Housing Units | 130 ( 5.0%) |
| Median Home Value | $371,358 |
| Average Home Value | $433,015 |
Housing Distribution
Address Breakdown
Residential
2,204
Single Family
2,204
Multi-Family
0
Businesses
121
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
Manufactured
Built in 1973
N/A lot
$N/A/sqft
$430 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83328, Filer, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,626 (100%) |
| Owner Occupied HU | 1,984 (75.6%) |
| Renter Occupied HU | 512 (19.5%) |
| Vacant Housing Units | 130 ( 5.0%) |
| Median Home Value | $371,358 |
| Average Home Value | $433,015 |
Housing Distribution
Address Breakdown
Residential
2,204
Single Family
2,204
Multi-Family
0
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi Casdorph • Gateway Real Estate
Mls Name: IMLS
Mls Provider:
Mls ID: #98934105
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.