421 S 2nd StSaint MariesID83861
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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 Saint Maries at 421 S 2nd St, Saint Maries, ID, 83861 listed at $239,500 pairs $2,017/mo rent with a $1,172/mo payment to leave $625/mo cash flow. Total monthly income runs $2,017/mo, and annual cash flow reaches $7,496/yr on $79,394 cash to close. Return on cash invested measures 29.35% in year one, and rental yield registers 10.11% at a $239,500 basis. Equity gained on principal adds $1,545/yr, and annual property appreciation at 5% supports $66,169 by year five. Five-year ROI tracks 153.01% and total cumulative return in cash totals $121,477. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,017/mo property income relative to a $1,172/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83861, Saint Maries, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,736 (100%) |
| Owner Occupied HU | 2,588 (69.3%) |
| Renter Occupied HU | 617 (16.5%) |
| Vacant Housing Units | 531 (14.2%) |
| Median Home Value | $361,358 |
| Average Home Value | $459,228 |
Housing Distribution
Address Breakdown
Residential
2,955
Single Family
2,874
Multi-Family
81
Businesses
315
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Listed by: Nancy Turner • St Maries Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-7014
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.