215 Lake StSandpointID83864
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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 Sandpoint at 215 Lake St, Sandpoint, ID, 83864 generates $2,640/mo in rent, after a $4,307/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 10.02% in year one, and rental yield is 3.6% on a $880,000 entry. Equity gained on principal adds $5,679/yr, while 5% annual appreciation builds toward $243,128 over five years. Five-year ROI reaches 49.2% and total cumulative return in cash sums $142,436. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
0.39 Acres 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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Listed by: Christopher K. Chambers • TOMLINSON SOTHEBY`S INTL. REAL
Mls Name: SELMLS
Mls Provider:
Mls ID: #20250925
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.