451 Burke RdWallaceID83873
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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 Wallace at 451 Burke Rd, Wallace, ID, 83873 with 5% annual appreciation on a $175,000 basis while $1,634/mo rent supports operations. Total monthly income totals $1,634/mo and a $857/mo payment preserves $627/mo for cash returns. Annual cash flow comes to $7,521/yr on $58,013 deployed, and return on cash invested reaches 32.87% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 11.2%. Five-year ROI measures 171.8% and total cumulative return in cash totals $99,667.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,634/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83873, Wallace, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,429 (100%) |
| Owner Occupied HU | 729 (51.0%) |
| Renter Occupied HU | 310 (21.7%) |
| Vacant Housing Units | 390 (27.3%) |
| Median Home Value | $288,966 |
| Average Home Value | $319,760 |
Housing Distribution
Address Breakdown
Residential
792
Single Family
682
Multi-Family
110
Businesses
184
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Listed by: Owen Webster Cotter • Silvercreek Realty Group, LLC
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-5342
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.