1903 S Meteor WayBoiseID83712
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1903 S Meteor Way, Boise, ID, 83712 in Boise fits: $1,699,900, 4.13% gross yield, and a projected 5% annual appreciation rate adding $469,651 in value within five years. Rental yield 4.13%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.77) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $15,656/yr in principal paydown and $469,651 in appreciation project a total return of $388,475.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 5.8% |
| Monthly Cash Flow | $(4,104) | $420 |
City averages based on Boise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,850 |
| Total Monthly Debt Service | $9,103 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2021
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83712, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,697 (100%) |
| Owner Occupied HU | 2,690 (57.3%) |
| Renter Occupied HU | 1,807 (38.5%) |
| Vacant Housing Units | 200 ( 4.3%) |
| Median Home Value | $770,896 |
| Average Home Value | $894,780 |
Housing Distribution
Address Breakdown
Residential
4,177
Single Family
3,992
Multi-Family
185
Businesses
127
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
Single Family
Built in 2021
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83712, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,697 (100%) |
| Owner Occupied HU | 2,690 (57.3%) |
| Renter Occupied HU | 1,807 (38.5%) |
| Vacant Housing Units | 200 ( 4.3%) |
| Median Home Value | $770,896 |
| Average Home Value | $894,780 |
Housing Distribution
Address Breakdown
Residential
4,177
Single Family
3,992
Multi-Family
185
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices