2473 N Westminster LnBoiseID83704
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2473 N Westminster Ln, Boise, ID, 83704 in Boise is a solid income-producing rental, 9.35% gross yield, $2,454/mo rent, $642/mo net cash flow on a $314,900 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $87,001 and $2,900/yr in principal reduction project a total cumulative return of $160,165.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.8% |
| Monthly Cash Flow | $642 | $420 |
City averages based on Boise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,454 |
| Total Monthly Debt Service | $1,686 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 1977
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83704, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,240 (100%) |
| Owner Occupied HU | 10,751 (58.9%) |
| Renter Occupied HU | 6,951 (38.1%) |
| Vacant Housing Units | 538 ( 2.9%) |
| Median Home Value | $458,695 |
| Average Home Value | $490,450 |
Housing Distribution
Address Breakdown
Residential
17,527
Single Family
16,389
Multi-Family
1,138
Businesses
1,556
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
Townhouse
Built in 1977
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83704, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,240 (100%) |
| Owner Occupied HU | 10,751 (58.9%) |
| Renter Occupied HU | 6,951 (38.1%) |
| Vacant Housing Units | 538 ( 2.9%) |
| Median Home Value | $458,695 |
| Average Home Value | $490,450 |
Housing Distribution
Address Breakdown
Residential
17,527
Single Family
16,389
Multi-Family
1,138
Businesses
1,556
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices