Is Spirit Lake, ID a good place to invest in rental property?

Spirit Lake, ID has a median modeled monthly cash flow of $-2,650 and a median cap rate of 0.9%, on a median sold price of $500,000. Prices changed +5.6% year over year.

What is the average cap rate in Spirit Lake, ID?

The median cap rate across recently sold homes in Spirit Lake, ID is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Spirit Lake, ID?

The median sold price in Spirit Lake, ID is $500,000 (about $361 per square foot).

Investing in Spirit Lake, ID Real Estate

A data-driven snapshot of the Spirit Lake, ID rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$500,000Median sold price

$361Median $/sqft

0.9%Median cap rate

$-2,650Modeled cash flow / mo

+5.6%Appreciation YoY

9.5Months of supply

109Active listings

138Sold (last 12 mo)

What the Spirit Lake numbers say

In Spirit Lake, ID, the median home sold for $500,000 (about $361 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-2,650 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 9.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Idaho markets to compare

See Spirit Lake cash-flowing listings

CashFlowRE ranks every for-sale home in Spirit Lake, ID by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Spirit Lake deals, or browse the national market data.