3755 Bishop Mountain DrIsland 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
Total monthly income runs $2,426/mo, and a $7,024/mo payment. Purchase price stands at $1,435,000, and rental yield measures 2.03% with $2,426/mo rent. Return on cash invested shows 5.21% in year one, and 5% annual appreciation builds toward $396,464 over five years. Five-year ROI reaches 23.36% and total cumulative return in cash records $108,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,426/mo property income covering a $7,024/mo payment rather than investor’s personal income.
Single Family
Built in 2023
4.48 Acres lot
$N/A/sqft
$550 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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Listed by: Patricia Laritz Bithell • Mountain Life Realty, dba MLR
Mls Name: SRMLS
Mls Provider:
Mls ID: #2176984
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.