3687 S Gekeler Ln APT 79BoiseID83706
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
Investment Highlights
Investment property for sale in Boise at 3687 S Gekeler Ln APT 79, Boise, ID, 83706 earns $604/mo cash flow from $3,020/mo rent with a $2,056/mo payment. Total monthly income totals $3,020/mo, and annual cash flow totals $7,242/yr on $139,230 capital. ROI tracks 25.11% on current figures, and rental yield reads 8.63% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 130.18% and total cumulative return in cash sums $181,243. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,020/mo property income instead of your personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83706, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,375 (100%) |
| Owner Occupied HU | 7,908 (48.3%) |
| Renter Occupied HU | 7,586 (46.3%) |
| Vacant Housing Units | 881 ( 5.4%) |
| Median Home Value | $599,916 |
| Average Home Value | $676,902 |
Housing Distribution
Address Breakdown
Residential
16,058
Single Family
14,472
Multi-Family
1,586
Businesses
1,128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices