33 S Mike 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 33 S Mike St, Boise, ID, 83705 generates $1,846/mo in rent, after a $5,262/mo payment. Total monthly income is $1,846/mo. Return on cash invested sits at 5.19% in year one, and rental yield is 2.06% on a $1,075,000 entry. Equity gained on principal adds $6,937/yr, while 5% annual appreciation builds toward $297,003 over five years. Five-year ROI reaches 23.32% and total cumulative return in cash sums $81,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,846/mo property income rather than buyer’s personal income.
Multi Family
Built in 1989
4,791 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
Listed by: Chance Weil • Century 21 Price Right
Mls Name: IMLS
Mls Provider:
Mls ID: #98961609
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.