21 Fremont LnNordmanID83848
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 21 Fremont Ln, Nordman, ID, 83848 in Nordman fits: $1,350,000, 3.23% gross yield, and a projected 5% annual appreciation rate adding $372,980 in value within five years. Rental yield 3.23%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.60) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $12,434/yr in principal paydown and $372,980 in appreciation project a total return of $243,589.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 6.0% |
| Monthly Cash Flow | $(4,130) | $300 |
City averages based on Nordman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,636 |
| Total Monthly Debt Service | $7,229 |
| DSCR Ratio | 0.50x |
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 2021
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83848, Nordman, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 118 (23.3%) |
| Renter Occupied HU | 16 ( 3.2%) |
| Vacant Housing Units | 373 (73.6%) |
| Median Home Value | $817,708 |
| Average Home Value | $811,123 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
84
Multi-Family
1
Businesses
21
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 2021
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83848, Nordman, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 118 (23.3%) |
| Renter Occupied HU | 16 ( 3.2%) |
| Vacant Housing Units | 373 (73.6%) |
| Median Home Value | $817,708 |
| Average Home Value | $811,123 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
84
Multi-Family
1
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kara Williams • Priest Lake Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #23-1671
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.