2503 S Virginia StBoiseID83705
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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
Rental property for sale in Boise at 2503 S Virginia St, Boise, ID, 83705 generates $1,721/mo in rent and, after a $1,224/mo payment, leaves $282/mo in cash flow. Total monthly income is $1,721/mo, and annual cash flow is $3,389/yr on $82,875 invested. Return on cash invested sits at 24% in year one, and rental yield is 8.26% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 124.23% and total cumulative return in cash sums $102,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,721/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83705, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,026 (100%) |
| Owner Occupied HU | 6,945 (53.3%) |
| Renter Occupied HU | 5,439 (41.8%) |
| Vacant Housing Units | 642 ( 4.9%) |
| Median Home Value | $483,629 |
| Average Home Value | $559,393 |
Housing Distribution
Address Breakdown
Residential
12,844
Single Family
12,279
Multi-Family
565
Businesses
1,465
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