1067 N Elk LnBoiseID83704
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1067 N Elk Ln, Boise, ID, 83704 in Boise speaks for itself: 12.72% gross on a $149,900 price, generating $1,589/mo in rent and $727/mo in net income after the $674/mo debt service. DSCR 2.36, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,720 stacks alongside $41,415 in projected five-year appreciation and $1,381/yr in principal reduction. Projected total cumulative return: $103,355.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 5.8% |
| Monthly Cash Flow | $727 | $420 |
City averages based on Boise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,589 |
| Total Monthly Debt Service | $803 |
| DSCR Ratio | 1.98x |
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.
Manufactured
Built in 2021
N/A 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
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
Manufactured
Built in 2021
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Orie Baldazo • Berkshire Hathaway HomeServices Silverhawk Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98942139
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.