616 7th Ave NNampaID83687
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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 Nampa at 616 7th Ave N, Nampa, ID, 83687 priced at $337,900 pairs $1,940/mo rent with after a $1,654/mo payment. Total monthly income equals $1,940/mo. Return on cash invested is 19.87% in year one, and rental yield stands at 6.89% on a $337,900 basis. Equity gained on principal adds $2,180/yr, and 5% annual appreciation accumulates to $93,356 by year five. Five-year ROI measures 102.03% and total cumulative return in cash reaches $114,283. For financing, Ziffy Mortgage’s DSCR program evaluates $1,940/mo property income against a $1,654/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
10,454 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
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Listed by: Randy Ragsac • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98940611
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.