411 Olive Ave #1SandpointID83864
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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 Sandpoint at 411 Olive Ave #1, Sandpoint, ID, 83864 uses $33,150 cash to close to unlock $2,342/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $770/mo, and a $489/mo payment keeps the spread at $195/mo. Purchase price stands at $100,000, and rental yield measures 9.24% with $770/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 140.32% and total cumulative return in cash records $46,516. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $770/mo property income covering a $489/mo payment rather than investor’s personal income.
Manufactured
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83864, Sandpoint, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,075 (100%) |
| Owner Occupied HU | 6,405 (57.8%) |
| Renter Occupied HU | 2,599 (23.5%) |
| Vacant Housing Units | 2,071 (18.7%) |
| Median Home Value | $569,571 |
| Average Home Value | $622,888 |
Housing Distribution
Address Breakdown
Residential
8,825
Single Family
8,203
Multi-Family
622
Businesses
1,302
Nearby investment properties with comparable rents
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Nearby investment properties with comparable prices
No similar price properties found nearby.