2962 N Andromeda StPost FallsID83854
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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 Post Falls at 2962 N Andromeda St, Post Falls, ID, 83854 generates $3,695/mo in rent, after a $3,568/mo payment. Total monthly income is $3,695/mo. Return on cash invested sits at 17.57% in year one, and rental yield is 6.08% on a $729,000 entry. Equity gained on principal adds $4,704/yr, while 5% annual appreciation builds toward $201,409 over five years. Five-year ROI reaches 89.67% and total cumulative return in cash sums $215,064. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,695/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83854, Post Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,354 (100%) |
| Owner Occupied HU | 16,095 (68.9%) |
| Renter Occupied HU | 6,143 (26.3%) |
| Vacant Housing Units | 1,116 ( 4.8%) |
| Median Home Value | $548,810 |
| Average Home Value | $616,721 |
Housing Distribution
Address Breakdown
Residential
22,063
Single Family
21,042
Multi-Family
1,021
Businesses
1,163
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Listed by: Jodi McKenzie • Kelly Right Real Estate
Mls Name: Coeur d'Alene MLS
Mls ID: #25-9417