93 W 9th StFernwoodID83830
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
Rental property for sale in Fernwood at 93 W 9th St, Fernwood, ID, 83830 offers $1,292/mo rent that, after a $808/mo payment, leaves $342/mo cash flow. Total monthly income is $1,292/mo, and annual cash flow is $4,108/yr on $54,698 cash. Return on cash invested measures 27.42% in year one, and rental yield stands at 9.4% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 142.6% and total cumulative return in cash reaches $77,999. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,292/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1981
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83830, Fernwood, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 205 (70.2%) |
| Renter Occupied HU | 41 (14.0%) |
| Vacant Housing Units | 46 (15.8%) |
| Median Home Value | $273,780 |
| Average Home Value | $340,171 |
Housing Distribution
Address Breakdown
Residential
46
Single Family
46
Multi-Family
0
Businesses
12
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Listed by: Sarah Tweedy • Kelly Right Real Estate
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #24-8900
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.