11570 Elk Ridge WayBoiseID83714
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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
Investment property for sale in Boise at 11570 Elk Ridge Way, Boise, ID, 83714 offers a 3.7% rental yield on a $1,748,000 purchase with $5,396/mo rent. 5% in year one. Equity gained on principal adds $11,280/yr while 5% annual appreciation supports $482,940 over five years. Portfolio math shows five-year ROI at 51.68% and total cumulative return in cash at $292,673. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,396/mo property income against a $8,556/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83714, Garden City, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,610 (100%) |
| Owner Occupied HU | 9,078 (66.7%) |
| Renter Occupied HU | 3,891 (28.6%) |
| Vacant Housing Units | 641 ( 4.7%) |
| Median Home Value | $600,765 |
| Average Home Value | $659,634 |
Housing Distribution
Address Breakdown
Residential
13,026
Single Family
10,186
Multi-Family
2,840
Businesses
1,431
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