87 E Snake River AveBoiseID83623
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 87 E Snake River Ave, Boise, ID, 83623 in Boise delivers $1,896/mo in gross rent and $487/mo in net monthly income at a $244,900 entry. The 9.29% yield and 1.72 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $67,661 over five years and $2,256/yr in equity from loan paydown, total projected return is $123,763.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 5.8% |
| Monthly Cash Flow | $487 | $420 |
City averages based on Boise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,896 |
| Total Monthly Debt Service | $1,311 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83623, Glenns Ferry, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 706 (100%) |
| Owner Occupied HU | 431 (61.0%) |
| Renter Occupied HU | 169 (23.9%) |
| Vacant Housing Units | 106 (15.0%) |
| Median Home Value | $261,585 |
| Average Home Value | $263,440 |
Housing Distribution
Address Breakdown
Residential
314
Single Family
285
Multi-Family
29
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1962
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83623, Glenns Ferry, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 706 (100%) |
| Owner Occupied HU | 431 (61.0%) |
| Renter Occupied HU | 169 (23.9%) |
| Vacant Housing Units | 106 (15.0%) |
| Median Home Value | $261,585 |
| Average Home Value | $263,440 |
Housing Distribution
Address Breakdown
Residential
314
Single Family
285
Multi-Family
29
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices