21392 N Circle Rd UNIT 3RathdrumID83858
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 21392 N Circle Rd UNIT 3, Rathdrum, ID, 83858 in Rathdrum: $6,875/mo in rent, $4,056/mo net, 16.84% gross yield, all on a $489,900 acquisition. The 3.12 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $135,350 in value, and $4,512/yr in principal paydown steadily builds equity. Projected total cumulative return: $445,894.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.8% | 5.8% |
| Monthly Cash Flow | $4,056 | $350 |
City averages based on Rathdrum market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,875 |
| Total Monthly Debt Service | $2,623 |
| DSCR Ratio | 2.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1981
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83858, Rathdrum, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,220 (100%) |
| Owner Occupied HU | 6,450 (78.5%) |
| Renter Occupied HU | 1,119 (13.6%) |
| Vacant Housing Units | 651 ( 7.9%) |
| Median Home Value | $657,230 |
| Average Home Value | $719,603 |
Housing Distribution
Address Breakdown
Residential
7,507
Single Family
7,272
Multi-Family
235
Businesses
392
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 1981
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83858, Rathdrum, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,220 (100%) |
| Owner Occupied HU | 6,450 (78.5%) |
| Renter Occupied HU | 1,119 (13.6%) |
| Vacant Housing Units | 651 ( 7.9%) |
| Median Home Value | $657,230 |
| Average Home Value | $719,603 |
Housing Distribution
Address Breakdown
Residential
7,507
Single Family
7,272
Multi-Family
235
Businesses
392
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices