3945 Cowan RdIsland 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 3945 Cowan Rd, Island Park, ID, 83429 priced at $1,499,000 pairs $5,159/mo rent with after a $7,337/mo payment. Total monthly income equals $5,159/mo. Return on cash invested is 11.71% in year one, and rental yield stands at 4.13% on a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and 5% annual appreciation accumulates to $414,146 by year five. Five-year ROI measures 58.21% and total cumulative return in cash reaches $282,705. For financing, Ziffy Mortgage’s DSCR program evaluates $5,159/mo property income against a $7,337/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
2.52 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: Rod Jones • Idaho's Real Estate
Mls Name: SRMLS
Mls Provider:
Mls ID: #2179420
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.