502 Lewiston AvePinehurstID83850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pinehurst at 502 Lewiston Ave, Pinehurst, ID, 83850 priced at $605,000 converts $2,459/mo rent into after a $2,961/mo obligation. Total monthly income equals $2,459/mo. Return on cash invested prints 13.9% in year one, and rental yield reads 4.88% against a $605,000 entry. Equity gained on principal adds $3,904/yr, while 5% annual appreciation compiles into $167,150 by year five. Five-year ROI reaches 70.02% and total cumulative return in cash sums $139,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,459/mo property income covering a $2,961/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83850, Pinehurst, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,113 (100%) |
| Owner Occupied HU | 792 (71.2%) |
| Renter Occupied HU | 211 (19.0%) |
| Vacant Housing Units | 110 ( 9.9%) |
| Median Home Value | $314,027 |
| Average Home Value | $328,905 |
Housing Distribution
Address Breakdown
Residential
573
Single Family
573
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Hulstrom • Silver Legacy Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-3945
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.