304 S Spencer 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 304 S Spencer St, Post Falls, ID, 83854 offers $2,924/mo rent that, after a $2,296/mo payment, leaves $225/mo cash flow. Total monthly income is $2,924/mo, and annual cash flow is $2,705/yr on $155,474 cash. Return on cash invested measures 21.65% in year one, and rental yield stands at 7.48% at a $469,000 entry. Equity gained on principal adds $3,026/yr while 5% annual appreciation compounds into $129,576 by year five. Five-year ROI records 111.6% and total cumulative return in cash reaches $173,515. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,924/mo property income versus a $2,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
7,840 sqft 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: Greg Link Jr • The Agency Coeur d'Alene
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-5057
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.