1813 N Spokane StPost FallsID83854
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
Investment Highlights
Rental property for sale in Post Falls at 1813 N Spokane St, Post Falls, ID, 83854 priced at $409,900 converts $2,224/mo rent into after a $2,006/mo obligation. Total monthly income equals $2,224/mo. Return on cash invested prints 18.73% in year one, and rental yield reads 6.51% against a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation compiles into $113,248 by year five. Five-year ROI reaches 95.95% and total cumulative return in cash sums $130,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,224/mo property income covering a $2,006/mo payment, not borrower’s personal income.
Single Family
Built in 1942
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83854, Post Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,354 (100%) |
| Owner Occupied HU | 16,095 (68.9%) |
| Renter Occupied HU | 6,143 (26.3%) |
| Vacant Housing Units | 1,116 ( 4.8%) |
| Median Home Value | $548,810 |
| Average Home Value | $616,721 |
Housing Distribution
Address Breakdown
Residential
22,063
Single Family
21,042
Multi-Family
1,021
Businesses
1,163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Eyraud Mendez • Keller Williams Spokane
Mls Name: Coeur d'Alene MLS
Mls ID: #25-10389