880 W River St UNIT 307BoiseID83702
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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 880 W River St UNIT 307, Boise, ID, 83702 listed at $1,050,000 pairs $5,350/mo rent with a $5,139/mo payment. Total monthly income runs $5,350/mo. Return on cash invested measures 15.6% in year one, and rental yield registers 6.11% at a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,096 by year five. Five-year ROI tracks 79.9% and total cumulative return in cash totals $271,805. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,350/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2019
N/A lot
$N/A/sqft
$624 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83702, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,463 (100%) |
| Owner Occupied HU | 6,259 (46.5%) |
| Renter Occupied HU | 6,344 (47.1%) |
| Vacant Housing Units | 860 ( 6.4%) |
| Median Home Value | $736,810 |
| Average Home Value | $824,124 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
11,299
Multi-Family
1,488
Businesses
2,034
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Listed by: Zori Johnson • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98926495
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.