6622 W Irish CirRathdrumID83858
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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 Rathdrum at 6622 W Irish Cir, Rathdrum, ID, 83858 uses $174,370 cash to close to unlock $7,249/yr annual cash flow and $604/mo monthly cash flow. Total monthly income runs $3,653/mo, and a $2,594/mo payment keeps the spread at $604/mo. Purchase price stands at $530,000, and rental yield measures 8.27% with $3,653/mo rent. Return on cash invested shows 24.22% in year one, and 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 125.36% and total cumulative return in cash records $218,587. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,653/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 2020
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83858, Rathdrum, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,220 (100%) |
| Owner Occupied HU | 6,450 (78.5%) |
| Renter Occupied HU | 1,119 (13.6%) |
| Vacant Housing Units | 651 ( 7.9%) |
| Median Home Value | $657,230 |
| Average Home Value | $719,603 |
Housing Distribution
Address Breakdown
Residential
7,507
Single Family
7,272
Multi-Family
235
Businesses
392
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Listed by: Heidi Powell • New Home Star Idaho
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-6081
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.