124 Village Ln #418SandpointID83864
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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
Total monthly income runs $3,115/mo, and a $9,691/mo payment. Purchase price stands at $1,980,000, and rental yield measures 1.89% with $3,115/mo rent. Return on cash invested shows 4.89% in year one, and 5% annual appreciation builds toward $547,037 over five years. Five-year ROI reaches 21.62% and total cumulative return in cash records $138,700. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,115/mo property income covering a $9,691/mo payment rather than investor’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83864, Sandpoint, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,075 (100%) |
| Owner Occupied HU | 6,405 (57.8%) |
| Renter Occupied HU | 2,599 (23.5%) |
| Vacant Housing Units | 2,071 (18.7%) |
| Median Home Value | $569,571 |
| Average Home Value | $622,888 |
Housing Distribution
Address Breakdown
Residential
8,825
Single Family
8,203
Multi-Family
622
Businesses
1,302
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Listed by: Paul Reizen • PUREWEST REAL ESTATE
Mls Name: SELMLS
Mls Provider:
Mls ID: #20252183
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.