480 N Lilly DrBoiseID83713
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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
Rental property for sale in Boise at 480 N Lilly Dr, Boise, ID, 83713 offers $1,004/mo rent that, after a $622/mo payment. Total monthly income is $1,004/mo. Return on cash invested measures -2.69% in year one, and rental yield stands at 9.49% at a $127,000 entry. Equity gained on principal adds $820/yr while 5% annual appreciation compounds into $35,088 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,004/mo property income versus a $622/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
N/A lot
$N/A/sqft
$1,066 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83713, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,894 (100%) |
| Owner Occupied HU | 8,424 (70.8%) |
| Renter Occupied HU | 3,232 (27.2%) |
| Vacant Housing Units | 238 ( 2.0%) |
| Median Home Value | $490,804 |
| Average Home Value | $541,999 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,244
Multi-Family
856
Businesses
698
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Listed by: April Peterson • Prestige Real Estate Investments
Mls Name: IMLS
Mls Provider:
Mls ID: #98928334
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.