1511 S Manitou Ave, Boise, ID, 83706 | 5.46% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Boise at 1511 S Manitou Ave, Boise, ID, 83706 offers a 5.46% rental yield on a $469,900 purchase with $2,137/mo rent. 55% in year one. Equity gained on principal adds $3,032/yr while 5% annual appreciation supports $129,825 over five years. Portfolio math shows five-year ROI at 78.87% and total cumulative return in cash at $122,858. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,137/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1980

3,484 sqft 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