1620 W Bannock St #205BoiseID83702
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
Investment Highlights
Investment property for sale in Boise at 1620 W Bannock St #205, Boise, ID, 83702 offers a 5.49% rental yield on a $699,900 purchase with $3,204/mo rent. 08% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 71.62% and total cumulative return in cash at $164,912. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,204/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
$324 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: Creed Herbold • Boise Premier Real Estate
Mls Name: IMLS
Mls Provider:
Mls ID: #98939506
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.