2399 E Riverwalk Dr #B-4-202BoiseID83706
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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 2399 E Riverwalk Dr #B-4-202, Boise, ID, 83706 offers a 3.85% rental yield on a $479,900 purchase with $1,540/mo rent. 08% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,588 over five years. Portfolio math shows five-year ROI at 39.82% and total cumulative return in cash at $63,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,540/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$347 monthly 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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Listed by: Heidi Creighton • Creighton Real Estate
Mls Name: IMLS
Mls Provider:
Mls ID: #98961616
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.