1207 S Elder StNampaID83686
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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 Nampa at 1207 S Elder St, Nampa, ID, 83686 generates $1,638/mo in rent, after a $1,908/mo payment. Total monthly income is $1,638/mo. Return on cash invested sits at 14.19% in year one, and rental yield is 5.04% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 71.63% and total cumulative return in cash sums $92,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,638/mo property income rather than buyer’s personal income.
Multi Family
Built in 1979
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83686, Nampa, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,546 (100%) |
| Owner Occupied HU | 17,038 (75.6%) |
| Renter Occupied HU | 4,622 (20.5%) |
| Vacant Housing Units | 886 ( 3.9%) |
| Median Home Value | $455,498 |
| Average Home Value | $516,263 |
Housing Distribution
Address Breakdown
Residential
21,289
Single Family
20,783
Multi-Family
506
Businesses
421
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Listed by: Don Wixom • RE/MAX Executives
Mls Name: IMLS
Mls Provider:
Mls ID: #98906152
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.