22 Rena RdOldtownID83822
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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 Oldtown at 22 Rena Rd, Oldtown, ID, 83822 priced at $569,000 converts $1,224/mo rent into after a $2,785/mo obligation. Total monthly income equals $1,224/mo. Return on cash invested prints 6.92% in year one, and rental yield reads 2.58% against a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation compiles into $157,204 by year five. Five-year ROI reaches 32.6% and total cumulative return in cash sums $61,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,224/mo property income covering a $2,785/mo payment, not borrower’s personal income.
Manufactured
Built in 2022
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83822, Oldtown, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,042 (100%) |
| Owner Occupied HU | 781 (75.0%) |
| Renter Occupied HU | 158 (15.2%) |
| Vacant Housing Units | 103 ( 9.9%) |
| Median Home Value | $395,161 |
| Average Home Value | $439,850 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
48
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Listed by: Krista Deacon • Silvercreek Realty Group, LLC
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-10019
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.