140 Railroad Ave #2KelloggID83837
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
Investment Highlights
Rental property for sale in Kellogg at 140 Railroad Ave #2, Kellogg, ID, 83837 priced at $405,000 converts $1,752/mo rent into after a $1,982/mo obligation. Total monthly income equals $1,752/mo. Return on cash invested prints 14.75% in year one, and rental yield reads 5.19% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 74.59% and total cumulative return in cash sums $100,142. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,752/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Condo
Built in 1986
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83837, Kellogg, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 900 (53.6%) |
| Renter Occupied HU | 542 (32.3%) |
| Vacant Housing Units | 237 (14.1%) |
| Median Home Value | $288,426 |
| Average Home Value | $302,119 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,246
Multi-Family
120
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Durham • Silvercreek Realty Group, LLC
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-6563
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.