3353 S Old Hickory WayBoiseID83716
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing3353 S Old Hickory Way, Boise, ID, 83716 in Boise is a stable, well-positioned rental at $719,900. Rental yield 6.39%. DSCR 1.18 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $198,895 in value and $6,630/yr in principal paydown builds equity, a total projected return of $251,876.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 5.8% |
| Monthly Cash Flow | $(548) | $420 |
City averages based on Boise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,834 |
| Total Monthly Debt Service | $3,855 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2020
2,787 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83716, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,662 (100%) |
| Owner Occupied HU | 7,389 (76.5%) |
| Renter Occupied HU | 1,448 (15.0%) |
| Vacant Housing Units | 825 ( 8.5%) |
| Median Home Value | $623,936 |
| Average Home Value | $693,803 |
Housing Distribution
Address Breakdown
Residential
9,271
Single Family
8,585
Multi-Family
686
Businesses
345
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
Townhouse
Built in 2020
2,787 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83716, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,662 (100%) |
| Owner Occupied HU | 7,389 (76.5%) |
| Renter Occupied HU | 1,448 (15.0%) |
| Vacant Housing Units | 825 ( 8.5%) |
| Median Home Value | $623,936 |
| Average Home Value | $693,803 |
Housing Distribution
Address Breakdown
Residential
9,271
Single Family
8,585
Multi-Family
686
Businesses
345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices