824 S Curtis RdBoiseID83705
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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 824 S Curtis Rd, Boise, ID, 83705 with 5% annual appreciation on a $249,000 basis while $1,602/mo rent supports operations. Total monthly income totals $1,602/mo and a $1,219/mo payment preserves $169/mo for cash returns. Annual cash flow comes to $2,031/yr on $82,544 deployed, and return on cash invested reaches 22.37% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 7.72%. Five-year ROI measures 115.5% and total cumulative return in cash totals $95,336.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,602/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83705, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,026 (100%) |
| Owner Occupied HU | 6,945 (53.3%) |
| Renter Occupied HU | 5,439 (41.8%) |
| Vacant Housing Units | 642 ( 4.9%) |
| Median Home Value | $483,629 |
| Average Home Value | $559,393 |
Housing Distribution
Address Breakdown
Residential
12,844
Single Family
12,279
Multi-Family
565
Businesses
1,465
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