502 School StMullanID83846
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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 Mullan at 502 School St, Mullan, ID, 83846 earns $586/mo cash flow from $1,500/mo rent with a $778/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $7,026/yr on $52,709 capital. ROI tracks 33.24% on current figures, and rental yield reads 11.32% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 173.78% and total cumulative return in cash sums $91,596. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1925
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83846, Mullan, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 274 (58.4%) |
| Renter Occupied HU | 87 (18.6%) |
| Vacant Housing Units | 108 (23.0%) |
| Median Home Value | $236,792 |
| Average Home Value | $286,195 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
20
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Listed by: Jo Turner • The Experience Northwest
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-6197
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.