308 16th Ave SNampaID83651
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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 Nampa at 308 16th Ave S, Nampa, ID, 83651 listed at $270,000 pairs $1,632/mo rent with a $1,322/mo payment to leave $78/mo cash flow. Total monthly income runs $1,632/mo, and annual cash flow reaches $939/yr on $89,505 cash to close. Return on cash invested measures 20.96% in year one, and rental yield registers 7.25% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 107.93% and total cumulative return in cash totals $96,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,632/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83651, Nampa, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,697 (100%) |
| Owner Occupied HU | 10,014 (68.1%) |
| Renter Occupied HU | 4,121 (28.0%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $382,292 |
| Average Home Value | $414,528 |
Housing Distribution
Address Breakdown
Residential
13,647
Single Family
13,244
Multi-Family
403
Businesses
1,198
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