7123 W Parapet StBoiseID83714
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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 7123 W Parapet St, Boise, ID, 83714 uses $125,639 cash to close to unlock $1,868/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $2,336/mo, and a $1,855/mo payment keeps the spread at $156/mo. Purchase price stands at $379,000, and rental yield measures 7.4% with $2,336/mo rent. Return on cash invested shows 21.4% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 110.25% and total cumulative return in cash records $138,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,336/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Single Family
Built in 1987
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83714, Garden City, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,610 (100%) |
| Owner Occupied HU | 9,078 (66.7%) |
| Renter Occupied HU | 3,891 (28.6%) |
| Vacant Housing Units | 641 ( 4.7%) |
| Median Home Value | $600,765 |
| Average Home Value | $659,634 |
Housing Distribution
Address Breakdown
Residential
13,026
Single Family
10,186
Multi-Family
2,840
Businesses
1,431
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