1579 W Riverstone Dr #301Coeur D AleneID83814
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1579 W Riverstone Dr #301, Coeur D Alene, ID, 83814 in Coeur D Alene. Rental yield 2.45%. At $1,245,000 with 2.45% gross yield, current distributions are modest, but the 5% appreciation rate projects $343,971 in new equity by year five, complemented by $11,467/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.45) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $172,185.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 5.1% |
| Monthly Cash Flow | $(4,624) | $1,850 |
City averages based on Coeur D Alene market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,538 |
| Total Monthly Debt Service | $6,667 |
| DSCR Ratio | 0.38x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83814, Coeur D Alene, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,264 (100%) |
| Owner Occupied HU | 7,792 (51.0%) |
| Renter Occupied HU | 5,366 (35.2%) |
| Vacant Housing Units | 2,106 (13.8%) |
| Median Home Value | $728,088 |
| Average Home Value | $801,865 |
Housing Distribution
Address Breakdown
Residential
13,258
Single Family
11,372
Multi-Family
1,886
Businesses
1,684
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
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83814, Coeur D Alene, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,264 (100%) |
| Owner Occupied HU | 7,792 (51.0%) |
| Renter Occupied HU | 5,366 (35.2%) |
| Vacant Housing Units | 2,106 (13.8%) |
| Median Home Value | $728,088 |
| Average Home Value | $801,865 |
Housing Distribution
Address Breakdown
Residential
13,258
Single Family
11,372
Multi-Family
1,886
Businesses
1,684
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Beutler • CENTURY 21 Beutler & Associates
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-7762
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.