4924 Alpenglow WayIsland ParkID83429
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 4924 Alpenglow Way, Island Park, ID, 83429 in Island Park fits: $1,396,000, 2.12% gross yield, and a projected 5% annual appreciation rate adding $385,689 in value within five years. Rental yield 2.12%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.39) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $12,857/yr in principal paydown and $385,689 in appreciation project a total return of $163,618.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.1% | 6.2% |
| Monthly Cash Flow | $(5,648) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,466 |
| Total Monthly Debt Service | $7,559 |
| DSCR Ratio | 0.33x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
2.24 Acres lot
$N/A/sqft
$1,000 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
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
Single Family
Built in 2024
2.24 Acres lot
$N/A/sqft
$1,000 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: Shawna Fuller • Mountain Life Realty, dba MLR
Mls Name: SRMLS
Mls Provider:
Mls ID: #2175174
Disclaimer: Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.