615 Spruce StPotlatchID83855
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 Potlatch at 615 Spruce St, Potlatch, ID, 83855 at $379,000 posts ROI 21.98% with $217/mo cash flow from $2,419/mo rent. Total monthly income equals $2,419/mo, and annual cash flow records $2,607/yr on $125,639 to close. Return on cash invested measures 21.98% and rental yield reads 7.66% at the current $379,000. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 by year five. Five-year ROI prints 113.5% and total cumulative return in cash totals $142,595.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,419/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1907
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83855, Potlatch, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,030 (100%) |
| Owner Occupied HU | 799 (77.6%) |
| Renter Occupied HU | 133 (12.9%) |
| Vacant Housing Units | 98 ( 9.5%) |
| Median Home Value | $381,000 |
| Average Home Value | $448,163 |
Housing Distribution
Address Breakdown
Residential
588
Single Family
588
Multi-Family
0
Businesses
76
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Nearby investment properties with comparable prices
Listed by: Mindy Vance • Kelly Right Real Estate-Idaho
Mls Name: IMLS
Mls Provider:
Mls ID: #98956244
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.