3505 Joseph 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
Investment property for sale in Island Park at 3505 Joseph Dr, Island Park, ID, 83429 at $1,250,000 posts ROI 9.7% with from $3,590/mo rent. Total monthly income equals $3,590/mo. Return on cash invested measures 9.7% and rental yield reads 3.45% at the current $1,250,000. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 by year five. Five-year ROI prints 47.43% and total cumulative return in cash totals $192,073. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,590/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
1.59 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
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Nearby investment properties with comparable prices
Listed by: David R Nelson • Keller Williams Realty East Idaho
Mls Name: TBOR
Mls ID: #25-2676