3808 White Owl WayIsland 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 3808 White Owl Way, Island Park, ID, 83429 generates $1,752/mo in rent, after a $3,059/mo payment. Total monthly income is $1,752/mo. Return on cash invested sits at 9.3% in year one, and rental yield is 3.36% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 45.35% and total cumulative return in cash sums $93,253. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,752/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
0.53 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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Listed by: Karen Cameron • Century 21 High Desert
Mls Name: SRMLS
Mls ID: #2180268