935 S Wavetrain AveBoiseID83709
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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 935 S Wavetrain Ave, Boise, ID, 83709 offers $2,083/mo rent that, after a $1,738/mo payment, leaves $2/mo cash flow. Total monthly income is $2,083/mo, and annual cash flow is $24/yr on $117,682 cash. Return on cash invested measures 19.93% in year one, and rental yield stands at 7.04% at a $354,999 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 102.5% and total cumulative return in cash reaches $120,623. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,083/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
3,267 sqft lot
$N/A/sqft
$460 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83709, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,416 (100%) |
| Owner Occupied HU | 18,714 (79.9%) |
| Renter Occupied HU | 4,258 (18.2%) |
| Vacant Housing Units | 444 ( 1.9%) |
| Median Home Value | $534,081 |
| Average Home Value | $588,542 |
Housing Distribution
Address Breakdown
Residential
22,739
Single Family
22,670
Multi-Family
69
Businesses
1,241
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Listed by: Jake Demeerleer • Boise Premier Real Estate
Mls Name: IMLS
Mls Provider:
Mls ID: #98941073
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.