624 N Monroe AveSandpointID83864
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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 Sandpoint at 624 N Monroe Ave, Sandpoint, ID, 83864 at $465,000 posts ROI 21.5% with $205/mo cash flow from $2,880/mo rent. Total monthly income equals $2,880/mo, and annual cash flow records $2,458/yr on $154,148 to close. Return on cash invested measures 21.5% and rental yield reads 7.43% at the current $465,000. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 by year five. Five-year ROI prints 110.82% and total cumulative return in cash totals $170,819.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
10,018 sqft 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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