4014 Elk 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 4014 Elk Rd, Island Park, ID, 83429 generates $11,400/mo in rent and, after a $3,304/mo payment, leaves $7,517/mo in cash flow. Total monthly income is $11,400/mo, and annual cash flow is $90,199/yr on $222,075 invested. Return on cash invested sits at 60.68% in year one, and rental yield is 20.27% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 320.85% and total cumulative return in cash sums $712,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $11,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
1 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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Nearby investment properties with comparable prices
Listed by: Rod Jones • Idaho's Real Estate
Mls Name: SRMLS
Mls ID: #2178249