1261 E Oakridge DrBoiseID83716
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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
Rental property for sale in Boise at 1261 E Oakridge Dr, Boise, ID, 83716 generates $2,737/mo in rent, after a $2,569/mo payment. Total monthly income is $2,737/mo. Return on cash invested sits at 18.1% in year one, and rental yield is 6.26% on a $524,900 entry. Equity gained on principal adds $3,387/yr, while 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 92.53% and total cumulative return in cash sums $159,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,737/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83716, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,662 (100%) |
| Owner Occupied HU | 7,389 (76.5%) |
| Renter Occupied HU | 1,448 (15.0%) |
| Vacant Housing Units | 825 ( 8.5%) |
| Median Home Value | $623,936 |
| Average Home Value | $693,803 |
Housing Distribution
Address Breakdown
Residential
9,271
Single Family
8,585
Multi-Family
686
Businesses
345
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