1801 Culvers DrSandpointID83864
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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 Sandpoint at 1801 Culvers Dr, Sandpoint, ID, 83864 offers a 11.65% rental yield on a $198,000 purchase with $1,922/mo rent. Total monthly income registers $1,922/mo, and a $969/mo payment leaves $783/mo available for distribution. Annual cash flow reaches $9,397/yr on $65,637 to close, and return on cash invested stands at 34.22% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,704 over five years. Portfolio math shows five-year ROI at 179.12% and total cumulative return in cash at $117,568. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
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: Luke Webster • EVERGREEN REALTY
Mls Name: SELMLS
Mls Provider:
Mls ID: #20251673
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.