1478 E Boise AveBoiseID83706
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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 1478 E Boise Ave, Boise, ID, 83706 uses $238,196 cash to close to unlock $715/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $4,225/mo, and a $3,544/mo payment keeps the spread at $60/mo. Purchase price stands at $724,000, and rental yield measures 7% with $4,225/mo rent. Return on cash invested shows 20.36% in year one, and 5% annual appreciation builds toward $200,028 over five years. Five-year ROI reaches 104.65% and total cumulative return in cash records $249,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,225/mo property income covering a $3,544/mo payment rather than investor’s personal income.
Multi Family
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83706, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,375 (100%) |
| Owner Occupied HU | 7,908 (48.3%) |
| Renter Occupied HU | 7,586 (46.3%) |
| Vacant Housing Units | 881 ( 5.4%) |
| Median Home Value | $599,916 |
| Average Home Value | $676,902 |
Housing Distribution
Address Breakdown
Residential
16,058
Single Family
14,472
Multi-Family
1,586
Businesses
1,128
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