615 S Division AveSandpointID83864
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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 Sandpoint at 615 S Division Ave, Sandpoint, ID, 83864 listed at $474,500 pairs $2,496/mo rent with a $2,322/mo payment. Total monthly income runs $2,496/mo. Return on cash invested measures 18.13% in year one, and rental yield registers 6.31% at a $474,500 basis. Equity gained on principal adds $3,062/yr, and annual property appreciation at 5% supports $131,096 by year five. Five-year ROI tracks 92.72% and total cumulative return in cash totals $145,842. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,496/mo property income relative to a $2,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.29 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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Listed by: Reilly Walson • REALM PARTNERS, LLC
Mls Name: SELMLS
Mls Provider:
Mls ID: #20241693
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