415 7th Ave NNampaID83687
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 Nampa at 415 7th Ave N, Nampa, ID, 83687 offers $1,830/mo rent that, after a $1,370/mo payment, leaves $220/mo cash flow. Total monthly income is $1,830/mo, and annual cash flow is $2,637/yr on $92,787 cash. Return on cash invested measures 22.75% in year one, and rental yield stands at 7.85% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 117.51% and total cumulative return in cash reaches $109,033. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,830/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83687, Nampa, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,400 (100%) |
| Owner Occupied HU | 12,382 (71.2%) |
| Renter Occupied HU | 4,393 (25.2%) |
| Vacant Housing Units | 625 ( 3.6%) |
| Median Home Value | $452,100 |
| Average Home Value | $517,650 |
Housing Distribution
Address Breakdown
Residential
16,660
Single Family
16,483
Multi-Family
177
Businesses
1,247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Henry Groves • John L Scott Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98942583
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.