3949 Cowan RdIsland 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
Rental property for sale in Island Park at 3949 Cowan Rd, Island Park, ID, 83429 priced at $1,628,000 pairs $5,743/mo rent with after a $7,968/mo payment. Total monthly income equals $5,743/mo. Return on cash invested is 12.03% in year one, and rental yield stands at 4.23% on a $1,628,000 basis. Equity gained on principal adds $10,505/yr, and 5% annual appreciation accumulates to $449,786 by year five. Five-year ROI measures 59.96% and total cumulative return in cash reaches $316,258. For financing, Ziffy Mortgage’s DSCR program evaluates $5,743/mo property income against a $7,968/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
2.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christi Spinner • Keller Williams Realty East Idaho
Mls Name: SRMLS
Mls Provider:
Mls ID: #2176367
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.