5487 N Burkshire Ave · Coeur d'Alene, ID 83815

$57,000

2 bd · 2.0 ba · 924 sqft · SingleFamily · 8 Days on market

Built 1993 Est $67k · 14% under ↓ 43% since listing

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +13.9/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.4/10.0
• Rent growth +3.6/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Clean and comfortable home with some updates. This centrally located Coeur d'Alene neighborhood offers a Community building & Swimming pool among other common area amenities.

Key facts

• Covered deck
• Attached carport
• Clubhouse

Tags

• NEW ROOF
• STORAGE SHED
• ATTACHED CARPORT
• COVERED DECK
• COMMUNITY AMENITIES
• CLUBHOUSE

Property features AI

Finance

• HOA & community: Public maintained road; Paved road; Sidewalks and curbs in the community

Exterior

• Parking: Paved parking
• Utilities: Public water; Public sewer; Cable TV available
• Home design: Mobile home; No basement
• Construction: T1-11 exterior; Composition roof; Block foundation; Built on a block foundation
• Exterior features: Covered porch; Outdoor lighting; Landscaped yard; Fenced yard; Shed(s)

Interior

• Kitchen: Electric range; Cooktop; Microwave; Dishwasher; Refrigerator
• Bedrooms: 2 main level bedrooms
• Flooring: Laminate; Carpet; LVP
• Bathrooms: 3 main level bathrooms
• Heating & cooling: Electric forced-air heating; Central air conditioning
• Interior features: Cable internet available; High-speed internet; Washer hookup
• Laundry & utility: Washer; Electric dryer; Electric dryer hookup; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $57k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $57k).
• Cap rate 29.0% vs local median 2.2% in Coeur d'Alene — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Coeur D'Alene District (urban): math 44% / reading 60% proficiency, ranked #23 of 92 in ID (top 25%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising fast (+4.2%/yr); 318 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,606 units permitted in Kootenai County in 2024 (154 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $394 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Kootenai County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.2% rent growth), your $16k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $57,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
3. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
4. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 3.27% ✓
• Cap rate: 29.02%
• Cash-on-cash: 81.16%
• DSCR: 4.61
• GRM: 2.5

CMA / ARV

• ARV (on-the-fly): $66,528
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5559 N Burkshire Ave	0.05mi	2/2.0	924 (0%)	10mo	$69,000	$75	90
2122 W Windermere Ave	0.16mi	3/2.0 (+1)	924 (0%)	2mo	$60,000	$65	86
2297 W Plymouth	0.07mi	2/1.0	938 (+2%)	7mo	$42,500	$45	84
1644 W Windsor Ave	0.37mi	2/2.0	924 (0%)	0mo	$55,000	$60	82
1686 W Dartmouth Cir	0.33mi	2/2.0	924 (0%)	7mo	$79,000	$85	79
2243 W Oxford Cir	0.08mi	3/1.0 (+1)	954 (+3%)	5mo	$68,800	$72	78
1736 W Marlborough Ave	0.27mi	2/1.0	938 (+2%)	10mo	$89,000	$95	73
4918 W Cougar Cir	0.51mi	2/2.0	924 (0%)	8mo	$69,000	$75	70
4933 W Cougar Cir	0.49mi	2/1.0	924 (0%)	6mo	$30,000	$32	68
1942 W Dartmouth Cir	0.19mi	2/2.0	1,022 (+11%)	8mo	$75,000	$73	66
4948 W Cougar Cir	0.48mi	2/1.0	864 (-6%)	5mo	$30,000	$35	59
4954 W Cougar Cir	0.47mi	2/1.0	864 (-6%)	7mo	$35,000	$41	57

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.2% rent growth · sell at horizon

5-year hold

• IRR: 82.8%
• Equity multiple: 4.87×
• Total profit: $61,823
• Equity at exit: $8,499

10-year hold

• IRR: 86.4%
• Equity multiple: 10.53×
• Total profit: $152,060
• Equity at exit: $4,928

Cash invested: $15,960 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 91 Strongly Landlord-Friendly
• State Idaho: 91 Strongly Landlord-Friendly · R+18
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempted; minimal tenant protections.

Methodology + full state rankings →

ZIP-level market 83815

• Rents YoY: 4.2%
• Active inventory: 318
• Price-to-rent: 2.5×

Monthly cashflow live

• Estimated rent: $1,865 high
• Mortgage (P&I): −$299
• Tax est. 1.5%: −$71 /mo · $855/yr
• Insurance: −$24
• HOA: −$0
• Vacancy / Maint / Mgmt: −$392
• Net cashflow: $1,079

Break-even live

Break-even rent $499

Max offer price $57,000

Occupancy floor 37%

Sensitivity live

Price	-10% $1,119	-5% $1,099	+0% $1,079	+5% $1,060	+10% $1,040
Rent	-10% $932	-5% $1,006	+0% $1,079	+5% $1,153	+10% $1,227
Rate	-1.0pp $1,108	-0.5pp $1,094	base $1,079	+0.5pp $1,065	+1.0pp $1,050

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $14,250
• Closing costs: $1,710
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2099 W Plymouth Cir Unit C28 Coeur d'Alene, ID	3.0	2.0	924	$2,129	$2.30	21d	1	0.16mi
4188 Player Dr Unit 4188 Coeur d'Alene, ID	2.0	2.0	1125	$1,725	$1.53	21d	1	0.35mi
3825 N Ramsey Rd Coeur D Alene, ID	2.0–3.0	2.0	1039	$1,618	$1.56	21d	1	0.56mi
2001 W Voltaire Ln Coeur d'Alene, ID	1.0–3.0	1.0–2.0	988	$1,774	$1.80	13d	11	0.78mi
1681 Pampas Ln Coeur d'Alene, ID	1.0–3.0	1.0–2.0	989	$1,740	$1.76	13d	22	0.89mi
1070 W Rustic Lodge Dr Unit 204 Coeur d'Alene, ID	2.0	2.0	1025	$1,715	$1.67	21d	1	1.22mi
4208 N Crown Ave Coeur D Alene, ID	2.0	1.0	950	$1,500	$1.58	13d	1	1.30mi
3293 N Ladalia Dr Coeur D Alene, ID	2.0	2.0	1100	$2,450	$2.23	13d	1	1.34mi
2828 N Julia St Unit 2 Coeur d'Alene, ID	2.0	1.0	900	$1,495	$1.66	21d	1	1.38mi
3193 N Atlas Rd Fernan Lake Village, ID	1.0–2.0	1.0–2.0	803	$2,880	$3.59	13d	16	1.49mi

Listing history 8 events

1. 2026-06-19
   days on market $57,000 Active 8 DOM
2. 2026-06-18
   days on market $57,000 Active 7 DOM
3. 2026-06-17
   days on market $57,000 Active 6 DOM
4. 2026-06-16
   days on market $57,000 Active 5 DOM
5. 2026-06-15
   days on market $57,000 Active 4 DOM
6. 2026-06-14
   days on market $57,000 Active 2 DOM
7. 2026-06-13
   remarks 699-char remark
8. 2026-06-13
   listed $57,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $22,381
• − Mortgage interest: −$3,193
• − Property taxes: −$855
• − Insurance: −$285
• − Repairs & maintenance: −$1,790
• − Management: −$1,790
• − Depreciation: −$1,658
• Taxable income: $12,809
• Est. tax owed @ 24.0%: −$3,074
• After-tax cash flow: $9,880/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Coeur D'Alene District
• NCES district ID: 1600780
• Math proficiency: 44% ▼ -6.00%
• Reading proficiency: 60% ▼ -2.00%
• Median HH income: $47,652
• Composite: 44.16/100
• National rank: #2858
• State rank: #23 of 92 in ID

Livability — Coeur d'Alene

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Coeur d'Alene, ID
• County: Kootenai County · 146,553 people
• City population: 67,464
• Metro: Coeur d'Alene, ID
• Population (ZIP): 41,405
• Household income: $77,864
• Rent vs Own: 33.7% rent · 66.3% own
• Severe rent burden: 1036.0

Population outlook (Kootenai County) Hauer SSP2

• Today (2025): 177,692 people
• By 2030: 190,689 · +7.3%
• By 2040: 214,704 · +20.8%
• By 2050: 236,510 · +33.1%
• By 2075: 285,984 · +60.9%
• By 2100: 316,459 · +78.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 6% Hispanic / Latino 4% Asian 1%
• Common ancestry: Portuguese 4% Slovak 4% Iranian 3%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Kootenai

• 2024 margin: Solid R (+51.9) · D 22.9% · R 74.8% · Other 2.2%
• 2008→2024 swing: -25.6pp toward R · 2008: -26.3pp · 2024: -51.9pp
• All cycles: 2024: R+51.9 2020: R+42.9 2016: R+42.5 2012: R+34.3 2008: R+26.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -255.27%
• Current HPI: 252.5165
• Rent YoY: ▲ 4.20%
• Metro: Coeur d'Alene, ID
• State GDP YoY: ▲ 4.51%
• F500 in state: 6

Industry mix (Fortune 500 HQ in ID)

Industry	F500 HQs	Revenue
▸Retail	1	$79B
▸Technology	1	$25B
▸Food / Agriculture	1	$6B

Price history

-42.9% since first listed

10 events — show timeline

• 2026-06-11 Listed $57,000 CDAMLS
• 2025-07-09 Pending — CDAMLS
• 2025-05-23 Listed $53,000 CDAMLS
• 2025-03-21 Listed $50,000 CDAMLS
• 2024-11-21 Price Changed $65,000 CDAMLS
• 2024-11-08 Listed $70,000 CDAMLS
• 2023-05-23 Pending — CDAMLS
• 2023-05-18 Price Changed $60,000 CDAMLS
• 2023-05-05 Price Changed $79,900 CDAMLS
• 2023-04-21 Listed $99,900 CDAMLS