2312 E Blue Lake Ln #70BoiseID83716
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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 2312 E Blue Lake Ln #70, Boise, ID, 83716 uses $50,057 cash to close to unlock $3,905/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $739/mo payment keeps the spread at $325/mo. Purchase price stands at $151,000, and rental yield measures 9.49% with $1,194/mo rent. Return on cash invested shows 27.71% in year one, and 5% annual appreciation builds toward $41,719 over five years. Five-year ROI reaches 144.16% and total cumulative return in cash records $72,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $739/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A 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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