3344 Last Chance DrIsland ParkID83429
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Island Park at 3344 Last Chance Dr, Island Park, ID, 83429 generates $1,266/mo in rent, after a $3,128/mo payment. Total monthly income is $1,266/mo. Return on cash invested sits at 6.3% in year one, and rental yield is 2.38% on a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 29.27% and total cumulative return in cash sums $61,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,266/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83429, Island Park, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,760 (100%) |
| Owner Occupied HU | 508 (13.5%) |
| Renter Occupied HU | 59 ( 1.6%) |
| Vacant Housing Units | 3,193 (84.9%) |
| Median Home Value | $712,302 |
| Average Home Value | $714,218 |
Housing Distribution
Address Breakdown
Residential
636
Single Family
632
Multi-Family
4
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marek Davis • eXp Realty LLC
Mls Name: SRMLS
Mls Provider:
Mls ID: #2177560
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.