29 S 2nd StPriest riverID83856
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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 Priest river at 29 S 2nd St, Priest river, ID, 83856 offers a 4.75% rental yield on a $419,000 purchase with $1,657/mo rent. 4% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 67.37% and total cumulative return in cash at $93,569. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,657/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1982
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83856, Priest River, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 2,466 (60.3%) |
| Renter Occupied HU | 520 (12.7%) |
| Vacant Housing Units | 1,102 (27.0%) |
| Median Home Value | $492,508 |
| Average Home Value | $583,578 |
Housing Distribution
Address Breakdown
Residential
2,585
Single Family
2,541
Multi-Family
44
Businesses
203
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Listed by: Sydney Icardo • Century 21 Riverstone
Mls Name: SELMLS
Mls Provider:
Mls ID: #20240779
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.