301 N 3rd StOsburnID83849
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Osburn at 301 N 3rd St, Osburn, ID, 83849 offers $1,513/mo rent that, after a $1,268/mo payment, leaves $23/mo cash flow. Total monthly income is $1,513/mo, and annual cash flow is $272/yr on $85,859 cash. Return on cash invested measures 20.23% in year one, and rental yield stands at 7.01% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 103.98% and total cumulative return in cash reaches $89,272. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,513/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83849, Osburn, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 879 (100%) |
| Owner Occupied HU | 657 (74.7%) |
| Renter Occupied HU | 158 (18.0%) |
| Vacant Housing Units | 64 ( 7.3%) |
| Median Home Value | $255,531 |
| Average Home Value | $269,486 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
49
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Nearby investment properties with comparable prices
Listed by: Matt Mullen • NextHome Cornerstone Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-5335
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