1207 W Fort St APT 203BoiseID83702
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1207 W Fort St APT 203, Boise, ID, 83702 in Boise is a solid income-producing rental, 7.98% gross yield, $4,915/mo rent, $214/mo net cash flow on a $739,000 buy. DSCR 1.48 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $204,172 and $6,806/yr in principal reduction project a total cumulative return of $294,520.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.8% |
| Monthly Cash Flow | $214 | $420 |
City averages based on Boise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,915 |
| Total Monthly Debt Service | $4,407 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 2004
N/A lot
$N/A/sqft
$450 monthly 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
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
Condo
Built in 2004
N/A lot
$N/A/sqft
$450 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Relf • Atova
Mls Name: IMLS
Mls Provider:
Mls ID: #98945069
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.