3713 Reeder Bay RdNordmanID83848
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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 Nordman at 3713 Reeder Bay Rd, Nordman, ID, 83848 generates $0/mo in rent, after a $3,519/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -0.92% in year one, and rental yield is 0% on a $719,000 entry. Equity gained on principal adds $4,640/yr, while 5% annual appreciation builds toward $198,646 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83848, Nordman, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 118 (23.3%) |
| Renter Occupied HU | 16 ( 3.2%) |
| Vacant Housing Units | 373 (73.6%) |
| Median Home Value | $817,708 |
| Average Home Value | $811,123 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
84
Multi-Family
1
Businesses
21
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Stephanie Suko • CENTURY 21 Beutler & Associates
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-5358
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