596 Overlake View RdCocolallaID83813
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 596 Overlake View Rd, Cocolalla, ID, 83813 in Cocolalla at $600,000, 5.59% gross yield, is a market-growth asset. Rental yield 5.59%. The $2,795/mo rent partially funds the $2,698/mo debt service; the core return is the 5%/yr price growth projected to add $165,769 over five years. Ziffy Mortgage's DSCR mortgage (1.04) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $184,100.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 5.2% |
| Monthly Cash Flow | $(657) | $300 |
City averages based on Cocolalla market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,795 |
| Total Monthly Debt Service | $3,213 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
5.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83813, Cocolalla, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 491 (72.6%) |
| Renter Occupied HU | 56 ( 8.3%) |
| Vacant Housing Units | 129 (19.1%) |
| Median Home Value | $481,783 |
| Average Home Value | $585,214 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
39
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
Single Family
Built in 2003
5.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83813, Cocolalla, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 491 (72.6%) |
| Renter Occupied HU | 56 ( 8.3%) |
| Vacant Housing Units | 129 (19.1%) |
| Median Home Value | $481,783 |
| Average Home Value | $585,214 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Clemens • Keller Williams Spokane
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-6207
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.