1391 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
Investment property for sale in Boise at 1391 E Oakridge Dr, Boise, ID, 83716 uses $140,888 cash to close to unlock $7,742/yr annual cash flow and $645/mo monthly cash flow. Total monthly income runs $3,090/mo, and a $2,080/mo payment keeps the spread at $645/mo. Purchase price stands at $425,000, and rental yield measures 8.72% with $3,090/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 131.76% and total cumulative return in cash records $185,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,090/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1992
8,712 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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