L7b5 N Ceylon RdRathdrumID83858
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 Rathdrum at L7b5 N Ceylon Rd, Rathdrum, ID, 83858 generates $2,760/mo in rent, after a $5,378/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 8.16% in year one, and rental yield is 3.01% on a $1,098,690 entry. Equity gained on principal adds $7,090/yr, while 5% annual appreciation builds toward $303,548 over five years. Five-year ROI reaches 39.24% and total cumulative return in cash sums $139,696. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
5 Acres lot
$N/A/sqft
$180 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Salsbury • WINDERMERE HAYDEN LLC
Mls Name: SELMLS
Mls Provider:
Mls ID: #20242298
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.