2117 N Fastwater AveBoiseID83713
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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 2117 N Fastwater Ave, Boise, ID, 83713 uses $146,523 cash to close to unlock $543/yr annual cash flow and $45/mo monthly cash flow. Total monthly income runs $2,596/mo, and a $2,163/mo payment keeps the spread at $45/mo. Purchase price stands at $442,000, and rental yield measures 7.05% with $2,596/mo rent. Return on cash invested shows 20.28% in year one, and 5% annual appreciation builds toward $122,116 over five years. Five-year ROI reaches 104.3% and total cumulative return in cash records $152,822. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,596/mo property income covering a $2,163/mo payment rather than investor’s personal income.
Single Family
Built in 1991
6,969 sqft lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83713, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,894 (100%) |
| Owner Occupied HU | 8,424 (70.8%) |
| Renter Occupied HU | 3,232 (27.2%) |
| Vacant Housing Units | 238 ( 2.0%) |
| Median Home Value | $490,804 |
| Average Home Value | $541,999 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,244
Multi-Family
856
Businesses
698
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Listed by: Cathy Blakely • Group One Sotheby's Int'l Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98933049
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.