97 S Granite Bay RdNordmanID83848
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Nordman at 97 S Granite Bay Rd, Nordman, ID, 83848 priced at $1,500,000 converts $0/mo rent into after a $7,342/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -0.94% in year one, and rental yield reads 0% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 1951
8,276 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ron McIntire • Choice Realty
Mls Name: Coeur d'Alene MLS
Mls Provider:
Mls ID: #25-5271
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.