Coeur d'Alene is a medium DSCR friendliness short-term rental market within the Lake category. Property type and tourism patterns drive STR economics here in particular ways that distinguish Coeur d'Alene from peer destinations.
Coeur d'Alene, ID is a medium short-term rental DSCR market. Property type: Lake. Median home value approximately $545K. Average nightly rate: $295.
Occupancy rate in Coeur d'Alene averages approximately 52%, which combined with the nightly rate produces gross annual revenue per property of approximately $56K.
Coeur d'Alene Idaho lake STR. STR regulatory environment in Coeur d'Alene: lenient.
Coeur d'Alene seasonality and tourism patterns
Tourism patterns in Coeur d'Alene produce specific seasonal patterns. Lenders annualize these patterns when computing DSCR coverage.
Coeur d'Alene STR economics
Coeur d'Alene STR cash flow math: $56K gross revenue minus operating costs of approximately $22K (cleaning, supplies, management, marketing, utilities) leaves roughly $34K for debt service and net cash flow.
Coeur d'Alene specific FAQ
Coeur d'Alene sees varied seasonal patterns. Lenders use annual averaged occupancy in underwriting.
Property type performance varies in Coeur d'Alene. Analyze comparable data via AirDNA.
Coeur d'Alene is generally STR-friendly with standard registration requirements.
Coeur d'Alene averages approximately 52% occupancy. Premium properties outperform; standard properties cluster near average.
Coeur d'Alene averages approximately $295 per night. Premium units command 1.5-2.5x average.
Full-service STR management in Coeur d'Alene runs 20-35% of gross revenue. Co-host arrangements run 15-25%. Self-management saves the fee but consumes 10-20 hours weekly.
A Coeur d'Alene STR at the median home value of $545K typically requires 25-30% down, furniture and setup ($15K-50K), reserves (6-12 months PITIA), and closing costs. Total initial capital roughly $226K+.
Bottom line for Coeur d'Alene STR investors
Coeur d'Alene STR works for investors comfortable with the lake operating profile and lenient regulatory environment. Match the property to the market and the math typically works. Mismatch and the property struggles regardless of underwriting.
STR regulations vary by city and change frequently. Verify current local rules before acquisition.