699 Granite Ridge RdPriest RiverID83856
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
Rental property for sale in Priest River at 699 Granite Ridge Rd, Priest River, ID, 83856 priced at $450,000 pairs $2,873/mo rent with $284/mo cash flow after a $2,203/mo payment. Total monthly income equals $2,873/mo, and annual cash flow comes to $3,405/yr on $149,175 invested. Return on cash invested is 22.19% in year one, and rental yield stands at 7.66% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 114.51% and total cumulative return in cash reaches $170,826. For financing, Ziffy Mortgage’s DSCR program evaluates $2,873/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
20.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83856, Priest River, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,088 (100%) |
| Owner Occupied HU | 2,466 (60.3%) |
| Renter Occupied HU | 520 (12.7%) |
| Vacant Housing Units | 1,102 (27.0%) |
| Median Home Value | $492,508 |
| Average Home Value | $583,578 |
Housing Distribution
Address Breakdown
Residential
2,585
Single Family
2,541
Multi-Family
44
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Brown • NORTHWEST REALTY GROUP
Mls Name: SELMLS
Mls ID: #20251815