35985 Highway 41OldtownID83822
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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 Oldtown at 35985 Highway 41, Oldtown, ID, 83822 offers a 6.97% rental yield on a $345,000 purchase with $2,004/mo rent. Total monthly income registers $2,004/mo, and a $1,689/mo payment leaves $19/mo available for distribution. Annual cash flow reaches $226/yr on $114,368 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 103.33% and total cumulative return in cash at $118,180. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,004/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83822, Oldtown, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,042 (100%) |
| Owner Occupied HU | 781 (75.0%) |
| Renter Occupied HU | 158 (15.2%) |
| Vacant Housing Units | 103 ( 9.9%) |
| Median Home Value | $395,161 |
| Average Home Value | $439,850 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
48
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Listed by: Josh A Carothers • Kroetch Property Group
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-8493
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.