1111 N 8th StBoiseID83702
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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
Investment property for sale in Boise at 1111 N 8th St, Boise, ID, 83702 offers a 4.96% rental yield on a $1,295,000 purchase with $5,352/mo rent. 36% in year one. Equity gained on principal adds $8,356/yr while 5% annual appreciation supports $357,785 over five years. Portfolio math shows five-year ROI at 72.42% and total cumulative return in cash at $303,858. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,352/mo property income against a $6,338/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83702, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,463 (100%) |
| Owner Occupied HU | 6,259 (46.5%) |
| Renter Occupied HU | 6,344 (47.1%) |
| Vacant Housing Units | 860 ( 6.4%) |
| Median Home Value | $736,810 |
| Average Home Value | $824,124 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
11,299
Multi-Family
1,488
Businesses
2,034
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Listed by: Lysi Bishop • Keller Williams Realty Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98943973
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.