4397 N Bourbon DrCoeur D AleneID83815
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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 Coeur D Alene at 4397 N Bourbon Dr, Coeur D Alene, ID, 83815 with 5% annual appreciation on a $295,777 basis while $2,254/mo rent supports operations. Total monthly income totals $2,254/mo and a $1,448/mo payment preserves $552/mo for cash returns. Annual cash flow comes to $6,626/yr on $98,050 deployed, and return on cash invested reaches 26.67% in year one. Equity gained on principal adds $1,909/yr, and five-year appreciation sums $81,718 alongside rental yield of 9.14%. Five-year ROI measures 138.56% and total cumulative return in cash totals $135,858.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,254/mo property income versus a $1,448/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2004
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83815, Coeur D Alene, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,771 (100%) |
| Owner Occupied HU | 11,296 (63.6%) |
| Renter Occupied HU | 5,809 (32.7%) |
| Vacant Housing Units | 666 ( 3.7%) |
| Median Home Value | $594,074 |
| Average Home Value | $630,728 |
Housing Distribution
Address Breakdown
Residential
16,635
Single Family
15,772
Multi-Family
863
Businesses
910
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Listed by: Beth Strand • Lakeshore Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-9435
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.