511 Rocky Mountain Ranch RdSpirit LakeID83869
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
Investment property for sale in Spirit Lake at 511 Rocky Mountain Ranch Rd, Spirit Lake, ID, 83869 at $769,000 posts ROI 4.77% with from $1,200/mo rent. Total monthly income equals $1,200/mo. Return on cash invested measures 4.77% and rental yield reads 1.87% at the current $769,000. Equity gained on principal adds $4,962/yr, and 5% annual appreciation supports $212,461 by year five. Five-year ROI prints 21.03% and total cumulative return in cash totals $53,203. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1984
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83869, Spirit Lake, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,565 (100%) |
| Owner Occupied HU | 1,892 (73.8%) |
| Renter Occupied HU | 230 ( 9.0%) |
| Vacant Housing Units | 443 (17.3%) |
| Median Home Value | $494,045 |
| Average Home Value | $591,882 |
Housing Distribution
Address Breakdown
Residential
1,400
Single Family
1,399
Multi-Family
1
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rocky Banks • Better Homes and Gardens Hope Realty
Mls Name: Coeur d'Alene MLS
Mls ID: #25-11414