614 Granite Ridge DrSandpointID83864
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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 Sandpoint at 614 Granite Ridge Dr, Sandpoint, ID, 83864 priced at $1,550,000 converts $4,819/mo rent into after a $7,586/mo obligation. Total monthly income equals $4,819/mo. Return on cash invested prints 10.58% in year one, and rental yield reads 3.73% against a $1,550,000 entry. Equity gained on principal adds $10,002/yr, while 5% annual appreciation compiles into $428,236 by year five. Five-year ROI reaches 52.13% and total cumulative return in cash sums $261,781. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,819/mo property income covering a $7,586/mo payment, not borrower’s personal income.
Single Family
Built in 2005
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83864, Sandpoint, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,075 (100%) |
| Owner Occupied HU | 6,405 (57.8%) |
| Renter Occupied HU | 2,599 (23.5%) |
| Vacant Housing Units | 2,071 (18.7%) |
| Median Home Value | $569,571 |
| Average Home Value | $622,888 |
Housing Distribution
Address Breakdown
Residential
8,825
Single Family
8,203
Multi-Family
622
Businesses
1,302
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