602 Empress StBoiseID83713
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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 602 Empress St, Boise, ID, 83713 generates $949/mo in rent and, after a $587/mo payment, leaves $259/mo in cash flow. Total monthly income is $949/mo, and annual cash flow is $3,109/yr on $39,747 invested. Return on cash invested sits at 27.73% in year one, and rental yield is 9.5% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 144.34% and total cumulative return in cash sums $57,372. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $949/mo property income rather than buyer’s personal income.
Manufactured
Built in 1982
N/A lot
$N/A/sqft
No 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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