8638 N Spokane StPost FallsID83854
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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 Post Falls at 8638 N Spokane St, Post Falls, ID, 83854 offers a 7.05% rental yield on a $459,999 purchase with $2,701/mo rent. Total monthly income registers $2,701/mo, and a $2,251/mo payment leaves $55/mo available for distribution. Annual cash flow reaches $662/yr on $152,490 to close, and return on cash invested stands at 20.34% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,089 over five years. Portfolio math shows five-year ROI at 104.62% and total cumulative return in cash at $159,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,701/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83854, Post Falls, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,354 (100%) |
| Owner Occupied HU | 16,095 (68.9%) |
| Renter Occupied HU | 6,143 (26.3%) |
| Vacant Housing Units | 1,116 ( 4.8%) |
| Median Home Value | $548,810 |
| Average Home Value | $616,721 |
Housing Distribution
Address Breakdown
Residential
22,063
Single Family
21,042
Multi-Family
1,021
Businesses
1,163
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Listed by: Katie Lynette Reoch • NextHome Advantage Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-6015
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.