611 S 8th St UNIT 401BoiseID83702
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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 Boise at 611 S 8th St UNIT 401, Boise, ID, 83702 earns from $3,343/mo rent with a $3,424/mo payment. Total monthly income totals $3,343/mo. ROI tracks 16.51% on current figures, and rental yield reads 5.73% at a $699,500 purchase. Equity gained on principal adds $4,514/yr, and 5% annual appreciation supports $193,259 over five years. Five-year ROI reaches 83.99% and total cumulative return in cash sums $193,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,343/mo property income instead of your personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83702, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,463 (100%) |
| Owner Occupied HU | 6,259 (46.5%) |
| Renter Occupied HU | 6,344 (47.1%) |
| Vacant Housing Units | 860 ( 6.4%) |
| Median Home Value | $736,810 |
| Average Home Value | $824,124 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
11,299
Multi-Family
1,488
Businesses
2,034
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