150 Morning Star Dr #285KelloggID83837
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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
Investment property for sale in Kellogg at 150 Morning Star Dr #285, Kellogg, ID, 83837 uses $61,328 cash to close to unlock $2,162/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,244/mo, and a $905/mo payment keeps the spread at $180/mo. Purchase price stands at $185,000, and rental yield measures 8.07% with $1,244/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 121.26% and total cumulative return in cash records $74,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,244/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A 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
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Listed by: Neal B. Scholey • Local Real Estate
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-5607
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.