1601 Spades RdSagleID83860
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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 Sagle at 1601 Spades Rd, Sagle, ID, 83860 offers $2,878/mo rent that, after a $2,436/mo payment, leaves $15/mo cash flow. Total monthly income is $2,878/mo, and annual cash flow is $179/yr on $164,954 cash. Return on cash invested measures 20.02% in year one, and rental yield stands at 6.94% at a $497,600 entry. Equity gained on principal adds $3,211/yr while 5% annual appreciation compounds into $137,478 by year five. Five-year ROI records 102.85% and total cumulative return in cash reaches $169,654. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,878/mo property income versus a $2,436/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1985
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83860, Sagle, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,343 (100%) |
| Owner Occupied HU | 2,845 (65.5%) |
| Renter Occupied HU | 425 ( 9.8%) |
| Vacant Housing Units | 1,073 (24.7%) |
| Median Home Value | $665,222 |
| Average Home Value | $718,764 |
Housing Distribution
Address Breakdown
Residential
3,153
Single Family
3,152
Multi-Family
1
Businesses
119
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