3593 Bills Rd SIsland 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
Rental property for sale in Island Park at 3593 Bills Rd S, Island Park, ID, 83429 offers $11,400/mo rent that, after a $4,527/mo payment, leaves $6,037/mo cash flow. Total monthly income is $11,400/mo, and annual cash flow is $72,448/yr on $304,325 cash. Return on cash invested measures 43.87% in year one, and rental yield stands at 14.79% at a $925,000 entry. Equity gained on principal adds $5,969/yr while 5% annual appreciation compounds into $255,560 by year five. Five-year ROI records 230.77% and total cumulative return in cash reaches $702,277. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $11,400/mo property income versus a $4,527/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.79 Acres lot
$N/A/sqft
$500 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: Anderson Hicks Group • Keller Williams Realty East Idaho
Mls Name: SRMLS
Mls Provider:
Mls ID: #2166153
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.