8041 W Canal StRathdrumID83858
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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 Rathdrum at 8041 W Canal St, Rathdrum, ID, 83858 priced at $468,000 pairs $2,867/mo rent with $174/mo cash flow after a $2,291/mo payment. Total monthly income equals $2,867/mo, and annual cash flow comes to $2,092/yr on $155,142 invested. Return on cash invested is 21.26% in year one, and rental yield stands at 7.35% on a $468,000 basis. Equity gained on principal adds $3,020/yr, and 5% annual appreciation accumulates to $129,300 by year five. Five-year ROI measures 109.51% and total cumulative return in cash reaches $169,901. For financing, Ziffy Mortgage’s DSCR program evaluates $2,867/mo property income against a $2,291/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1908
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83858, Rathdrum, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,220 (100%) |
| Owner Occupied HU | 6,450 (78.5%) |
| Renter Occupied HU | 1,119 (13.6%) |
| Vacant Housing Units | 651 ( 7.9%) |
| Median Home Value | $657,230 |
| Average Home Value | $719,603 |
Housing Distribution
Address Breakdown
Residential
7,507
Single Family
7,272
Multi-Family
235
Businesses
392
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