7296 E Canterbury LnNampaID83687
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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 7296 E Canterbury Ln, Nampa, ID, 83687 offers $2,454/mo rent that, after a $1,908/mo payment, leaves $199/mo cash flow. Total monthly income is $2,454/mo, and annual cash flow is $2,386/yr on $129,252 cash. Return on cash invested measures 21.75% in year one, and rental yield stands at 7.55% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 112.21% and total cumulative return in cash reaches $145,033. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,454/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
7,840 sqft lot
$N/A/sqft
$150 annually 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: Jessica Perry • Redfin Corporation
Mls Name: IMLS
Mls Provider:
Mls ID: #98942006
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.