4030 S Salt Lick Loop, Island Park, ID, 83429 | 2.42% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,418/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 2.42% with $2,418/mo rent. Return on cash invested shows 6.33% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 29.44% and total cumulative return in cash records $114,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,418/mo property income covering a $5,873/mo payment rather than investor’s personal income.

Single Family

Built in 2016

1.20 Acres lot

$N/A/sqft

$750 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