96 Palouse DrNordmanID83848
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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 Nordman at 96 Palouse Dr, Nordman, ID, 83848 offers a 3.67% rental yield on a $1,525,000 purchase with $4,664/mo rent. 39% in year one. Equity gained on principal adds $9,841/yr while 5% annual appreciation supports $421,329 over five years. Portfolio math shows five-year ROI at 51.12% and total cumulative return in cash at $252,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,664/mo property income against a $7,464/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2021
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83848, Nordman, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 118 (23.3%) |
| Renter Occupied HU | 16 ( 3.2%) |
| Vacant Housing Units | 373 (73.6%) |
| Median Home Value | $817,708 |
| Average Home Value | $811,123 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
84
Multi-Family
1
Businesses
21
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Listed by: Kara Williams • Priest Lake Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-244
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.