11386 W Azure LnBoiseID83713
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11386 W Azure Ln, Boise, ID, 83713 in Boise deserves attention. This $123,000 property earns $3,360/mo in rent, a 32.78% gross yield, and nets $1,632/mo after the $553/mo payment. DSCR 6.08 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $33,983 compounds alongside $1,133/yr in yearly equity build, for a total cumulative return of $155,926.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 32.8% | 5.8% |
| Monthly Cash Flow | $1,632 | $420 |
City averages based on Boise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,360 |
| Total Monthly Debt Service | $1,679 |
| DSCR Ratio | 2.00x |
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 2019
N/A lot
$N/A/sqft
$1,020 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83713, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,894 (100%) |
| Owner Occupied HU | 8,424 (70.8%) |
| Renter Occupied HU | 3,232 (27.2%) |
| Vacant Housing Units | 238 ( 2.0%) |
| Median Home Value | $490,804 |
| Average Home Value | $541,999 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,244
Multi-Family
856
Businesses
698
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 2019
N/A lot
$N/A/sqft
$1,020 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83713, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,894 (100%) |
| Owner Occupied HU | 8,424 (70.8%) |
| Renter Occupied HU | 3,232 (27.2%) |
| Vacant Housing Units | 238 ( 2.0%) |
| Median Home Value | $490,804 |
| Average Home Value | $541,999 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,244
Multi-Family
856
Businesses
698
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices