224 Granite Ridge Rd EBayviewID83864
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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
Investment property for sale in Bayview at 224 Granite Ridge Rd E, Bayview, ID, 83864 earns $504/mo cash flow from $3,902/mo rent with a $2,736/mo payment. Total monthly income totals $3,902/mo, and annual cash flow totals $6,050/yr on $183,911 capital. ROI tracks 23.35% on current figures, and rental yield reads 8.38% at a $559,000 purchase. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 over five years. Five-year ROI reaches 121.14% and total cumulative return in cash sums $222,783. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,902/mo property income instead of your personal income.
Single Family
Built in 1995
0.55 Acres lot
$N/A/sqft
$546 quarterly 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: Nicole Bomar • Century 21 Riverstone
Mls Name: SELMLS
Mls Provider:
Mls ID: #20251367
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.