3719 S Gekeler Ln APT 46BoiseID83706
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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 3719 S Gekeler Ln APT 46, Boise, ID, 83706 generates $1,898/mo in rent, after a $1,527/mo payment. Total monthly income is $1,898/mo. Return on cash invested sits at 16.83% in year one, and rental yield is 7.3% on a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 87.31% and total cumulative return in cash sums $90,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,898/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$369 monthly 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
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Listed by: Alison Blake • Keller Williams Realty Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98934231
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.