3862 Franks 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
Rental property for sale in Island Park at 3862 Franks Ln, Island Park, ID, 83429 priced at $490,000 pairs $3,125/mo rent with $25/mo cash flow after a $2,398/mo payment. Total monthly income equals $3,125/mo, and annual cash flow comes to $302/yr on $162,435 invested. Return on cash invested is 20.1% in year one, and rental yield stands at 7.65% on a $490,000 basis. Equity gained on principal adds $3,162/yr, and 5% annual appreciation accumulates to $135,378 by year five. Five-year ROI measures 104.04% and total cumulative return in cash reaches $168,996. For financing, Ziffy Mortgage’s DSCR program evaluates $3,125/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
175 sqft lot
$N/A/sqft
$35 monthly 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: N/A • N/A
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