3868 Franks LnIsland ParkID83429
Nearby investment properties with comparable rents
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
Investment property for sale in Island Park at 3868 Franks Ln, Island Park, ID, 83429 projects strong ROI of 9.92%. Rental yield 3.54%. With 5% annual appreciation, the property builds $716,951 in value over five years. Equity growth combined delivers a projected five-year ROI of 48.6%, translating into $408,633 in total cumulative return on $840,780 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 2009
1.76 Acres lot
$N/A/sqft
$600 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Cameron • Century 21 High Desert
Mls Name: SRMLS
Mls Provider:
Mls ID: #2172922
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.