8720 W Cornwall DrBoiseID83704
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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 Boise at 8720 W Cornwall Dr, Boise, ID, 83704 generates $4,789/mo in rent and, after a $3,519/mo payment, leaves $653/mo in cash flow. Total monthly income is $4,789/mo, and annual cash flow is $7,834/yr on $236,551 invested. Return on cash invested sits at 23.37% in year one, and rental yield is 7.99% on a $719,000 entry. Equity gained on principal adds $4,640/yr, while 5% annual appreciation builds toward $198,646 over five years. Five-year ROI reaches 120.8% and total cumulative return in cash sums $285,749. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,789/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83704, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,240 (100%) |
| Owner Occupied HU | 10,751 (58.9%) |
| Renter Occupied HU | 6,951 (38.1%) |
| Vacant Housing Units | 538 ( 2.9%) |
| Median Home Value | $458,695 |
| Average Home Value | $490,450 |
Housing Distribution
Address Breakdown
Residential
17,527
Single Family
16,389
Multi-Family
1,138
Businesses
1,556
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