410 W Flamingo Ave #42NampaID83651
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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 410 W Flamingo Ave #42, Nampa, ID, 83651 offers a 9.12% rental yield on a $110,000 purchase with $836/mo rent. Total monthly income registers $836/mo, and a $538/mo payment leaves $204/mo available for distribution. Annual cash flow reaches $2,443/yr on $36,465 to close, and return on cash invested stands at 26.61% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 138.25% and total cumulative return in cash at $50,412. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $836/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1972
N/A 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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Listed by: Bruce Vallejo • Amherst Madison
Mls Name: IMLS
Mls Provider:
Mls ID: #98948168
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.