2361 S Skillern DrBoiseID83709
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2361 S Skillern Dr, Boise, ID, 83709 in Boise earns its strong cash-flow label: 10.17% yield, $2,322/mo rent, $746/mo net income, DSCR 1.88. The $273,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $75,674 by year five. Combined with $2,523/yr in principal paydown, total projected return reaches $151,334.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.8% |
| Monthly Cash Flow | $746 | $420 |
City averages based on Boise market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,322 |
| Total Monthly Debt Service | $1,467 |
| DSCR Ratio | 1.58x |
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 1996
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83709, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,416 (100%) |
| Owner Occupied HU | 18,714 (79.9%) |
| Renter Occupied HU | 4,258 (18.2%) |
| Vacant Housing Units | 444 ( 1.9%) |
| Median Home Value | $534,081 |
| Average Home Value | $588,542 |
Housing Distribution
Address Breakdown
Residential
22,739
Single Family
22,670
Multi-Family
69
Businesses
1,241
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 1996
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83709, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,416 (100%) |
| Owner Occupied HU | 18,714 (79.9%) |
| Renter Occupied HU | 4,258 (18.2%) |
| Vacant Housing Units | 444 ( 1.9%) |
| Median Home Value | $534,081 |
| Average Home Value | $588,542 |
Housing Distribution
Address Breakdown
Residential
22,739
Single Family
22,670
Multi-Family
69
Businesses
1,241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: April Peterson • Prestige Real Estate Investments
Mls Name: IMLS
Mls Provider:
Mls ID: #98934320
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.