120 E Spirea LnHayden LakeID83835
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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 Hayden Lake at 120 E Spirea Ln, Hayden Lake, ID, 83835 priced at $364,950 converts $2,400/mo rent into $301/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $3,609/yr on $120,981 invested. Return on cash invested prints 22.89% in year one, and rental yield reads 7.89% against a $364,950 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,829 by year five. Five-year ROI reaches 118.27% and total cumulative return in cash sums $143,080. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83835, Hayden, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,959 (100%) |
| Owner Occupied HU | 8,303 (75.8%) |
| Renter Occupied HU | 1,761 (16.1%) |
| Vacant Housing Units | 895 ( 8.2%) |
| Median Home Value | $634,951 |
| Average Home Value | $703,881 |
Housing Distribution
Address Breakdown
Residential
10,052
Single Family
9,835
Multi-Family
217
Businesses
1,383
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Listed by: Wade Jacklin • Berkshire Hathaway HomeServices Jacklin Real Estate
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-3817
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