4056 Marlin DrIsland 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 4056 Marlin Dr, Island Park, ID, 83429 offers $1,752/mo rent that, after a $3,500/mo payment. Total monthly income is $1,752/mo. Return on cash invested measures 8.01% in year one, and rental yield stands at 2.94% at a $715,000 entry. Equity gained on principal adds $4,614/yr while 5% annual appreciation compounds into $197,541 by year five. Five-year ROI records 38.44% and total cumulative return in cash reaches $90,429. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,752/mo property income versus a $3,500/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2013
0.50 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: Karen Cameron • Century 21 High Desert
Mls Name: SRMLS
Mls Provider:
Mls ID: #2174993
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.