704 E Wallace AveCoeur D AleneID83814
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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 Coeur D Alene at 704 E Wallace Ave, Coeur D Alene, ID, 83814 offers a 7.31% rental yield on a $965,000 purchase with $5,878/mo rent. Total monthly income registers $5,878/mo, and a $4,723/mo payment leaves $327/mo available for distribution. Annual cash flow reaches $3,920/yr on $317,485 to close, and return on cash invested stands at 21.3% in year one. Equity gained on principal adds $6,227/yr while 5% annual appreciation supports $266,612 over five years. Portfolio math shows five-year ROI at 109.66% and total cumulative return in cash at $348,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,878/mo property income against a $4,723/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83814, Coeur D Alene, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,264 (100%) |
| Owner Occupied HU | 7,792 (51.0%) |
| Renter Occupied HU | 5,366 (35.2%) |
| Vacant Housing Units | 2,106 (13.8%) |
| Median Home Value | $728,088 |
| Average Home Value | $801,865 |
Housing Distribution
Address Breakdown
Residential
13,258
Single Family
11,372
Multi-Family
1,886
Businesses
1,684
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Listed by: Sarah Jarvis • Coldwell Banker Schneidmiller Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-4907
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.