6800 Spurwing Loop APT 304Coeur D AleneID83815
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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 Coeur D Alene at 6800 Spurwing Loop APT 304, Coeur D Alene, ID, 83815 generates $2,490/mo in rent and, after a $1,835/mo payment, leaves $333/mo in cash flow. Total monthly income is $2,490/mo, and annual cash flow is $3,997/yr on $124,313 invested. Return on cash invested sits at 23.12% in year one, and rental yield is 7.97% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 119.54% and total cumulative return in cash sums $148,599. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,490/mo property income rather than buyer’s personal income.
Condo
Built in 2006
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83815, Coeur D Alene, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,771 (100%) |
| Owner Occupied HU | 11,296 (63.6%) |
| Renter Occupied HU | 5,809 (32.7%) |
| Vacant Housing Units | 666 ( 3.7%) |
| Median Home Value | $594,074 |
| Average Home Value | $630,728 |
Housing Distribution
Address Breakdown
Residential
16,635
Single Family
15,772
Multi-Family
863
Businesses
910
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Listed by: Toby Blodgett • EXP Realty
Mls Name: Coeur d'Alene MLS
Mls ID: #26-897