293 Watertower RdSaint MariesID83861
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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 Saint Maries at 293 Watertower Rd, Saint Maries, ID, 83861 with 5% annual appreciation on a $515,000 basis while $0/mo rent supports operations. 93% in year one. Equity gained on principal adds $3,323/yr, and five-year appreciation sums $142,285 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $2,521/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
17.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83861, Saint Maries, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,736 (100%) |
| Owner Occupied HU | 2,588 (69.3%) |
| Renter Occupied HU | 617 (16.5%) |
| Vacant Housing Units | 531 (14.2%) |
| Median Home Value | $361,358 |
| Average Home Value | $459,228 |
Housing Distribution
Address Breakdown
Residential
2,955
Single Family
2,874
Multi-Family
81
Businesses
315
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Lena Sindt • St Maries Realty
Mls Name: Coeur d'Alene MLS
Mls ID: #25-9678