703 3rd StMullanID83846
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
Investment property for sale in Mullan at 703 3rd St, Mullan, ID, 83846 offers a 7.92% rental yield on a $285,000 purchase with $1,882/mo rent. Total monthly income registers $1,882/mo, and a $1,395/mo payment leaves $242/mo available for distribution. Annual cash flow reaches $2,908/yr on $94,478 to close, and return on cash invested stands at 22.99% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 118.82% and total cumulative return in cash at $112,254. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,882/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83846, Mullan, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 274 (58.4%) |
| Renter Occupied HU | 87 (18.6%) |
| Vacant Housing Units | 108 (23.0%) |
| Median Home Value | $236,792 |
| Average Home Value | $286,195 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
20
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Listed by: Owen Webster Cotter • Silvercreek Realty Group, LLC
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-5578
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.