Frontflip
Deals
My Reports
Get the iOS app
Invite
Settings
Login / Sign up
Deals
My Reports
Values Hold Near $546K, 40 Rent Comps
Updated 14 days ago • 2 new comps
Your Investment Paths
Turnkey Rental
The rental market in this Boise neighborhood shows solid promise. With expected monthly income ranging between $1,914 and $2,205, this property offers a competitive gross yield of approximately 7.4%, making it a strong candidate for investors. Recent market data confirms this area remains highly desirable for renters. By targeting the median rent of $2,008, owners can capture steady cash flow while benefiting from consistent local appreciation trends of $425 per month.
More about this home
Neighborhood Assessment
Veterans Park is a classic North Boise infill neighborhood, with older bungalows on smaller lots and steady value growth around the mid‑$300Ks to low‑$400Ks. You’re just off State St, so transit access, groceries, coffee, and everyday services are close, but there’s some traffic and commercial spillover. Being near the river, greenbelt, and downtown makes this area attractive to young professionals and downsizers who want character over new‑build suburbia. Schools are mixed: Taft scores low, but Boise High is strong, which helps long‑term demand. Overall it’s a solid, livable, middle‑market neighborhood with good rental depth.
Market Activity
+ Ask a question in the app
Rental Income
$25K
Yield
7.4%
Appreciation
$425
Year 1 Estimates
Fix-and-Flip
Modernizing this 1912 home offers a significant boost to its market position. Renovated properties command a higher value per square foot, jumping from roughly $449 to $478, representing a solid 6.5 percent increase in overall efficiency. This investment improves potential sale prices to reach upwards of $653,000 while elevating rental appeal. Upgrading your space creates a fresh, inviting atmosphere that delights future residents, making it a smart move for long-term property growth.
Value Add
$39K
Appreciation
$792
Post Typical Renovation
Buy-Rehab-Rent
The property offers a solid BRR opportunity with an after-repair value between $591,000 and $653,000. Renovations should bridge the price-per-square-foot gap, potentially adding significant equity to this 1912 home once modern updates are fully completed. Rental projections look steady, with monthly income averaging $2,713, totaling $32,556 annually. A 5.2% yield demonstrates consistent cash flow potential, making this a reliable asset for investors focused on long-term appreciation and rental stability.
Rental Income
$33K
Yield
5.2%
Appreciation
$792
Year 1 Estimates, Post Typical Renovation
Estimated value
$334K
$212.6K below comp median
Comparative Market Analysis
$423K – $660K
Based on 8 comps
2529 Lander St, Boise Investment Report: Flip & Rental Analysis · Frontflip