701 W Boone AveNampaID83651
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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 Nampa at 701 W Boone Ave, Nampa, ID, 83651 with 5% annual appreciation on a $330,000 basis while $2,158/mo rent supports operations. Total monthly income totals $2,158/mo and a $1,615/mo payment preserves $260/mo for cash returns. Annual cash flow comes to $3,117/yr on $109,395 deployed, and return on cash invested reaches 22.76% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 7.85%. Five-year ROI measures 117.56% and total cumulative return in cash totals $128,603.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,158/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
9,234 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83651, Nampa, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,697 (100%) |
| Owner Occupied HU | 10,014 (68.1%) |
| Renter Occupied HU | 4,121 (28.0%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $382,292 |
| Average Home Value | $414,528 |
Housing Distribution
Address Breakdown
Residential
13,647
Single Family
13,244
Multi-Family
403
Businesses
1,198
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