1807 Culvers Dr APT 7SandpointID83864
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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 1807 Culvers Dr APT 7, Sandpoint, ID, 83864 uses $65,969 cash to close to unlock $4,934/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $1,556/mo, and a $974/mo payment keeps the spread at $411/mo. Purchase price stands at $199,000, and rental yield measures 9.38% with $1,556/mo rent. Return on cash invested shows 27.39% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 142.44% and total cumulative return in cash records $93,966. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,556/mo property income covering a $974/mo payment rather than investor’s personal income.
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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