Aug 2015 Bank appraisal value of $520,000 Total rentals for upcoming summer season is 74 nights/ 3 night min. Nightly rate is $450.
Interest rates at the time of this post are still low. The monthly PITI mortgage payment for our cabins for sale in Island Park near Yellowstone with good credit and 20% down on a principal residence or vacation home is less than you might imagine and can cover most or all of your mortgage and more. *Rates and terms will depend on interest rates at the time you lock in your loan, your credit and downpayment. Please talk with a lender....
Interest rates at the time of this post are still low. The monthly PITI mortgage payment for our cabins for sale in Island Park near Yellowstone with good credit and 20% down on a principal residence or vacation home is less than you might imagine and can cover most or all of your mortgage and more. *Rates and terms will depend on interest rates at the time you lock in your loan, your credit and downpayment. Please talk with a lender....
Yellowstone is a huge draw for visitors in the U.S. and large cabins with 8 bedrooms on rivers and lakes rent like crazy. Summer rental income alone so far in 2016 will cover your PI mortgage payment and more. Similar to the HGTV television program, VACATION CABIN FOR FREE your payments can be covered when you rent it out 52 nights or more per summer season (June- early Sept)...leaving you 1-2 weeks to enjoy your cabin. And that doesn't include winter rental income. Our Island Park cabins for sale can be a little money-maker....we already have 74 bookings for summer 2016 and even a booking for 2017!
If you are a buyer that is paying cash or is already pre-approved for a loan I will be happy to share the income for summer and winter seasons with accepted offer...last summer, this winter, and the bookings so far for 2016.
Asking price for the Island Park cabins for sale is $499,000, a $20,000 savings on the BANK APPRAISED VALUE. Interest rates are increasing so don't wait to own your own slice of heaven. Our waterfront, Island Park cabin for sale near Yellowstone is one of the best deals in the mountains. Please check out other comparable cabins for sale in Island Park right on this blog
I keep an eye on the prices for Island Park cabins and I am sure that you can't find a better deal for the size, income potential, and waterfront location of this cabins for sale in Island Park near Yellowstone.
Please check out the comparable island Park cabins for sale from previous posts on this site.
I keep an eye on the prices for Island Park cabins and I am sure that you can't find a better deal for the size, income potential, and waterfront location of this cabins for sale in Island Park near Yellowstone.
Please check out the comparable island Park cabins for sale from previous posts on this site.