1067 W Reone Rd · Coeur d'Alene, ID 83815

$145,000

2 bd · 2.0 ba · 1,188 sqft · Manufactured · 12 Days on market

Built 1991

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Why this score? — see what drove the C+ 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 +26.3/30.0
• DSCR +8.9/10.0
• ARV discount +7.5/15.0
• 1% rule +7.0/10.0
• 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

Northwood 55+ Community - This Super Good Sense home is even more energy efficient with its extra crawl space insulation, pellet stove, forced air gas furnace and central air conditioning. The separate studio is a great get away in the nicely landscaped back yard. Dad has a reloading room off the carport too and another shed for lawn tools. Well designed out door space keeps pets and people private. Located right across from the community park and overflow parking area. Close to 911 call center so if services are lost they are quickly restored. New 30 year roof installed in 2001!

Key facts

• Centrally located
• New flooring
• Wooded neighborhood

Tags

• CENTRALLY LOCATED
• NEW INTERIOR PAINT
• NEW FLOORING
• SECLUDED HOME
• WOODED NEIGHBORHOOD

Property features AI

Finance

• HOA & community: Monthly association (Northwood Estates) — association fees include sewer, trash, and water

Exterior

• Parking: Paved road access via private maintained road
• Utilities: Public water; Public sewer; Cable TV available
• Home design: Manufactured home; Single-story (main living on one level); Pillar/post/pier foundation; Composition roof; Lap siding and T1-11 exterior
• Construction: Manufactured construction; Composition roof; Pillar/Post/Pier foundation; Lap siding; T1-11 exterior
• Exterior features: Covered porch; Lawn; Back yard fencing; Shed(s) / storage

Interior

• Kitchen: Electric range; Dishwasher; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Flooring: Vinyl flooring; Carpet
• Bathrooms: 2 bathrooms on the main level
• Heating & cooling: Electric heating; Forced air; Furnace; Pellet stove; Central air conditioning
• Interior features: Washer hookup; Washer; Electric dryer hookup; Electric dryer; Electric water heater; Refrigerator; Dishwasher; Electric range
• Laundry & utility: Washer; Electric dryer; Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $145k.

Deal economics

• At list price, monthly cash flow is $376 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Cap rate 9.4% 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 C — 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); 321 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 15d 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 $1k of loan paydown is wiped out by about $4k 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 $41k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 10y 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 $145,000

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: 1.20% ✓
• Cap rate: 9.40%
• Cash-on-cash: 11.11%
• DSCR: 1.49
• GRM: 6.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 1.6%
• Equity multiple: 1.06×
• Total profit: $2,600
• Equity at exit: $21,620

10-year hold

• IRR: 12.4%
• Equity multiple: 2.04×
• Total profit: $42,156
• Equity at exit: $12,537

Cash invested: $40,600 (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: 321
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,744 high
• Mortgage (P&I): −$760
• Tax est. 1.5%: −$181 /mo · $2,175/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $376

Break-even live

Break-even rent $1,268

Max offer price $145,000

Occupancy floor 73%

Sensitivity live

Price	-10% $476	-5% $426	+0% $376	+5% $326	+10% $276
Rent	-10% $238	-5% $307	+0% $376	+5% $445	+10% $514
Rate	-1.0pp $449	-0.5pp $413	base $376	+0.5pp $338	+1.0pp $300

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2828 N Julia St Unit 2 Coeur d'Alene, ID	2.0	1.0	900	$1,495	$1.66	22d	1	0.20mi
128 W Neider Ave Coeur d'Alene, ID	1.0–3.0	1.0–2.0	981	$1,595	$1.63	14d	4	0.55mi
3825 N Ramsey Rd Coeur D Alene, ID	2.0–3.0	2.0	1039	$1,618	$1.56	22d	1	0.64mi
1519 W Hyacinth Ln Unit 1519 Coeur d'Alene, ID	3.0	2.5	1180	$1,895	$1.61	14d	1	0.77mi
3219 N Thicket Ln Unit 3219 Thicket Coeur d'Alene, ID	2.0	1.5	900	$1,550	$1.72	14d	1	0.77mi
1000 W Ironwood Dr Coeur D Alene, ID	2.0	1.0	715	$1,610	$2.25	14d	2	0.78mi
4208 N Crown Ave Coeur D Alene, ID	2.0	1.0	950	$1,500	$1.58	14d	1	0.84mi
4188 Player Dr Unit 4188 Coeur d'Alene, ID	2.0	2.0	1125	$1,725	$1.53	22d	1	0.90mi
1053 Emma Ave Apt 214 Coeur d'Alene, ID	1.0	1.0	740	$473	$0.64	14d	1	0.93mi
1053 Emma Ave Unit 422 Coeur d'Alene, ID	2.0	1.0	840	$1,222	$1.45	14d	1	0.93mi
1001 W Emma Ave Coeur D Alene, ID	1.0–2.0	1.0	650	$1,350	$2.08	14d	3	0.96mi
1101 Emma Ave Unit 1101 Emma L Coeur d'Alene, ID	2.0	2.0	700	$1,375	$1.96	22d	1	0.97mi
111 E Hattie Ave Unit 4 Coeur d'Alene, ID	2.0	1.0	900	$1,595	$1.77	22d	1	1.04mi
1827 Westminster Ave Unit A2-26 Coeur d'Alene, ID	2.0	2.0	1248	$1,899	$1.52	22d	1	1.08mi
1950 Bellerive Ln Unit 1542957P Coeur d'Alene, ID	2.0	2.0	1496	$4,712	$3.15	14d	1	1.11mi
2099 W Plymouth Cir Unit C28 Coeur d'Alene, ID	3.0	2.0	924	$2,129	$2.30	22d	1	1.20mi
3870 N Honeysuckle Dr Unit B Coeur d'Alene, ID	2.0	1.0	1144	$1,495	$1.31	14d	1	1.24mi
1705 N Government Way Apt 307 Coeur d'Alene, ID	2.0	1.0	936	$1,525	$1.63	22d	1	1.27mi
1705 N Government Way Coeur D Alene, ID	1.0–2.0	1.0	770	$1,550	$2.01	14d	5	1.27mi
3293 N Ladalia Dr Coeur D Alene, ID	2.0	2.0	1100	$2,450	$2.23	14d	1	1.27mi
1006 E Gilbert Ave Unit 1008 Coeur d'Alene, ID	2.0	1.0	1000	$1,500	$1.50	22d	1	1.38mi
3193 N Atlas Rd Fernan Lake Village, ID	1.0–2.0	1.0–2.0	803	$2,880	$3.59	14d	16	1.40mi
1720 N 5th St Coeur d'Alene, ID	3.0	2.0	1200	$1,700	$1.42	22d	1	1.43mi
1718 N 5th St Unit 1720 Coeur d'Alene, ID	3.0	2.0	1200	$1,700	$1.42	22d	1	1.44mi

Listing history 11 events

1. 2026-06-21
   days on market $145,000 Active 12 DOM
2. 2026-06-19
   days on market $145,000 Active 10 DOM
3. 2026-06-18
   days on market $145,000 Active 9 DOM
4. 2026-06-17
   remarks 302-char remark
5. 2026-06-17
   days on market $145,000 Active 8 DOM
6. 2026-06-16
   days on market $145,000 Active 7 DOM
7. 2026-06-15
   days on market $145,000 Active 6 DOM
8. 2026-06-14
   days on market $145,000 Active 4 DOM
9. 2026-06-13
   days on market $145,000 Active 3 DOM
10. 2026-06-10
    remarks 249-char remark
11. 2026-06-10
    listed $145,000 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: $20,930
• − Mortgage interest: −$8,122
• − Property taxes: −$2,175
• − Insurance: −$725
• − Repairs & maintenance: −$1,674
• − Management: −$1,674
• − Depreciation: −$4,218
• Taxable income: $2,341
• Est. tax owed @ 24.0%: −$562
• After-tax cash flow: $3,948/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

+141.7% since first listed

3 events — show timeline

• 2026-06-09 Listed $145,000 CDAMLS
• 2016-02-29 Sold (MLS) — CDAMLS
• 2016-01-08 Listed $60,000 CDAMLS