2935-2947 W Jordan StBoiseID83702
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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 2935-2947 W Jordan St, Boise, ID, 83702 generates $1,561/mo in rent, after a $9,544/mo payment. Total monthly income is $1,561/mo. Return on cash invested sits at 2.03% in year one, and rental yield is 0.96% on a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation builds toward $538,749 over five years. Five-year ROI reaches 6.28% and total cumulative return in cash sums $39,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,561/mo property income rather than buyer’s personal income.
Multi Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83702, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,463 (100%) |
| Owner Occupied HU | 6,259 (46.5%) |
| Renter Occupied HU | 6,344 (47.1%) |
| Vacant Housing Units | 860 ( 6.4%) |
| Median Home Value | $736,810 |
| Average Home Value | $824,124 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
11,299
Multi-Family
1,488
Businesses
2,034
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