963 S Wavetrain AveBoiseID83709
INVESTMENT ANALYSIS
Investment Verdict
Solid Income963 S Wavetrain Ave, Boise, ID, 83709 in Boise is a solid income-producing rental, 8.05% gross yield, $2,200/mo rent, $242/mo net cash flow on a $327,900 buy. DSCR 1.49 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $90,593 and $3,020/yr in principal reduction project a total cumulative return of $143,950.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.8% |
| Monthly Cash Flow | $242 | $420 |
City averages based on Boise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,200 |
| Total Monthly Debt Service | $1,756 |
| DSCR Ratio | 1.25x |
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 2022
2,003 sqft lot
$N/A/sqft
No 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
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 2022
2,003 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices