4031 W Boekel RdRathdrumID83858
Nearby investment properties with comparable rents
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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 Rathdrum at 4031 W Boekel Rd, Rathdrum, ID, 83858 priced at $1,169,000 converts $2,994/mo rent into after a $5,722/mo obligation. Total monthly income equals $2,994/mo. Return on cash invested prints 8.55% in year one, and rental yield reads 3.07% against a $1,169,000 entry. Equity gained on principal adds $7,543/yr, while 5% annual appreciation compiles into $322,973 by year five. Five-year ROI reaches 41.24% and total cumulative return in cash sums $156,191. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,994/mo property income covering a $5,722/mo payment, not borrower’s personal income.
Single Family
Built in 1908
4.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83858, Rathdrum, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,220 (100%) |
| Owner Occupied HU | 6,450 (78.5%) |
| Renter Occupied HU | 1,119 (13.6%) |
| Vacant Housing Units | 651 ( 7.9%) |
| Median Home Value | $657,230 |
| Average Home Value | $719,603 |
Housing Distribution
Address Breakdown
Residential
7,507
Single Family
7,272
Multi-Family
235
Businesses
392
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