2964 W Lemhi StBoiseID83705
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
Investment Highlights
Rental property for sale in Boise at 2964 W Lemhi St, Boise, ID, 83705 generates $2,213/mo in rent, after a $2,055/mo payment. Total monthly income is $2,213/mo. Return on cash invested sits at 18.16% in year one, and rental yield is 6.32% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 92.92% and total cumulative return in cash sums $129,336. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,213/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
3,528 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices