3505 Rocky LnIsland ParkID83429
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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 Rocky Ln, Island Park, ID, 83429 at $699,000 posts ROI 13.28% with from $2,749/mo rent. Total monthly income equals $2,749/mo. Return on cash invested measures 13.28% and rental yield reads 4.72% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 66.71% and total cumulative return in cash totals $153,422. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,749/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.46 Acres lot
$N/A/sqft
$340 annually 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: Kristen Andelin • Mountain Life Realty, dba MLR
Mls Name: SRMLS
Mls Provider:
Mls ID: #2175305
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.