Norfolk Plan, Wild Ridge Estates | OLO BuildersRathdrumID83858
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 Norfolk Plan, Wild Ridge Estates | OLO Builders, Rathdrum, ID, 83858 offers $2,994/mo rent that, after a $4,341/mo payment. Total monthly income is $2,994/mo. Return on cash invested measures 11.39% in year one, and rental yield stands at 4.05% at a $886,900 entry. Equity gained on principal adds $5,723/yr while 5% annual appreciation compounds into $245,034 by year five. Five-year ROI records 56.55% and total cumulative return in cash reaches $165,003. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,994/mo property income versus a $4,341/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
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