21392 N Circle Rd UNIT 3RathdrumID83858
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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
Rental property for sale in Rathdrum at 21392 N Circle Rd UNIT 3, Rathdrum, ID, 83858 generates $6,875/mo in rent and, after a $2,398/mo payment, leaves $4,057/mo in cash flow. Total monthly income is $6,875/mo, and annual cash flow is $48,678/yr on $162,402 invested. Return on cash invested sits at 49.88% in year one, and rental yield is 16.84% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 263.01% and total cumulative return in cash sums $427,133. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,875/mo property income rather than buyer’s personal income.
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
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Listed by: Janna McRoy • Solid Ground Real Estate
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-9121
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.