968 Roosevelt RdBonners 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 968 Roosevelt Rd, Bonners Ferry, ID, 83805 priced at $289,000 converts $1,505/mo rent into after a $1,415/mo obligation. Total monthly income equals $1,505/mo. Return on cash invested prints 17.93% in year one, and rental yield reads 6.25% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 91.65% and total cumulative return in cash sums $87,806. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,505/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Manufactured
Built in 1971
0.75 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: Darlene Schneider • PACE-KERBY REAL ESTATE, INC
Mls Name: SELMLS
Mls Provider:
Mls ID: #20251239
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.