5421 W Fairway Ln UNIT 23RathdrumID83858
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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
Rental property for sale in Rathdrum at 5421 W Fairway Ln UNIT 23, Rathdrum, ID, 83858 generates $2,113/mo in rent and, after a $1,713/mo payment, leaves $100/mo in cash flow. Total monthly income is $2,113/mo, and annual cash flow is $1,196/yr on $115,992 invested. Return on cash invested sits at 20.94% in year one, and rental yield is 7.25% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 107.81% and total cumulative return in cash sums $125,046. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,113/mo property income rather than buyer’s personal income.
Condo
Built in 1979
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83858, Rathdrum, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,220 (100%) |
| Owner Occupied HU | 6,450 (78.5%) |
| Renter Occupied HU | 1,119 (13.6%) |
| Vacant Housing Units | 651 ( 7.9%) |
| Median Home Value | $657,230 |
| Average Home Value | $719,603 |
Housing Distribution
Address Breakdown
Residential
7,507
Single Family
7,272
Multi-Family
235
Businesses
392
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