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Coeur D'Alene, ID Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,763
Monthly Cash Flow
-$1,521
Principal + Equity
$6,479
Annual Total Gain
$59,497
Cash on Cash
-10.27%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$253
Occupancy Rate
62.07%
Monthly Revenue
$3,199
Monthly Cash Flow
-$565
Principal + Equity
$6,479
Annual Total Gain
$70,973
Cash on Cash %
-3.81%
Net ROI %
Market Health & Growth
Median Income
$70,845
Population
55,558
LTR Renter %
40.31%
Forecast (1 yr)
2.35%
Appreciation (1 yr)
0.31%
Appreciation (5 yr)
56.99%
Appreciation (10 yr)
159.82%
Job Growth
0%
LTR Rentability
Low
STR Demand
60
STR Rentals
1,069
Top Public Schools
BSorensen Magnet School of the Arts and Humanities
BDalton Elementary School
B
B
B
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
C
Overall
Top-level market grade
Best Suburbs to Raise a Family in Idaho
#7out of 19 markets
Best Suburbs for Young Professionals in Idaho
#2out of 19 markets
Suburbs with the Best Public Schools in Idaho
#9out of 19 markets
B-
Public School
C
Crime And Safety
C-
Housing
A-
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Coeur D'Alene, ID.
As of 2021, Coeur D'Alene, ID does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any developments in this area.
One key consideration for investors looking to purchase a property for short term rental in Coeur D'Alene is the potential for future regulations to be implemented. It is possible that the city could introduce restrictions on STRs in the future, such as limits on the number of days a property can be rented out or requirements for obtaining a permit.
Additionally, investors should be aware of any homeowner association (HOA) rules or restrictions that may apply to short term rentals in a particular neighborhood or development. Some HOAs may have specific guidelines or prohibitions on renting out properties for short periods of time.
It is also important for investors to consider the potential impact of short term rentals on the local community and housing market. Some residents may have concerns about the effects of STRs on neighborhood character, noise levels, and property values. Investors should be prepared to address any potential pushback from local residents or officials.
Overall, investors considering purchasing a property for short term rental in Coeur D'Alene should conduct thorough research on current regulations and potential future changes, as well as consider the potential impact on the local community and housing market.
Market Trends Over Time
Market trend data is not yet available for Coeur D'Alene, ID.
Nearest Markets
Explore nearby investment markets close to Coeur D'Alene, ID.
The LTR Genie Score of Coeur D'Alene, ID is 69, indicating a moderate level of rentability for long-term rental properties. On the other hand, the STR Genie Score is 74, suggesting a higher level of rentability for short-term rental properties. The LTR Rent Growth Rate of 0.0% may have contributed to the lower LTR Genie Score, while the higher STR Net ROI of 39.95% likely boosted the STR Genie Score.
Coeur D'Alene, ID is a popular tourist destination known for its beautiful lake and outdoor recreational activities. This could explain the higher rentability for short-term rentals in the area.
Based on the metrics provided, Coeur D'Alene, ID seems to be more attractive for short-term rental investments due to the higher STR Genie Score and Net ROI. However, with a 1-Year Price Appreciation Forecast of 2.35%, long-term rental investments could also be considered for potential appreciation in property value. Ultimately, a diversified investment strategy that includes both long-term and short-term rentals could be beneficial in this market.
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