3576 Michele LnIsland ParkID83429
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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 3576 Michele Ln, Island Park, ID, 83429 projects strong ROI of 15.46%. Rental yield 5.31%. With 5% annual appreciation, the property builds $711,425 in value over five years. Equity growth combined delivers a projected five-year ROI of 78.3%, translating into $653,250 in total cumulative return on $834,300 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2012
5.04 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: Mark Fransen • Axis Idaho Realty
Mls Name: SRMLS
Mls Provider:
Mls ID: #2167846
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.