31 Franklin 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
Rental property for sale in Priest River at 31 Franklin St, Priest River, ID, 83856 priced at $379,000 converts $2,380/mo rent into $200/mo cash flow after a $1,855/mo obligation. Total monthly income equals $2,380/mo, and annual cash flow totals $2,396/yr on $125,639 invested. Return on cash invested prints 21.82% in year one, and rental yield reads 7.54% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 112.5% and total cumulative return in cash sums $141,347. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,380/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.27 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: Amanda Williams • CENTURY 21 RIVERSTONE
Mls Name: SELMLS
Mls ID: #20252259