702 Sandpoint Ave #7302SandpointID83864
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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 Sandpoint at 702 Sandpoint Ave #7302, Sandpoint, ID, 83864 earns from $2,435/mo rent with a $5,873/mo payment. Total monthly income totals $2,435/mo. ROI tracks 6.58% on current figures, and rental yield reads 2.44% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 30.67% and total cumulative return in cash sums $119,255. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,435/mo property income instead of your personal income.
Condo
Built in 2007
N/A 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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