498 E Chester LnBoiseID83706
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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 498 E Chester Ln, Boise, ID, 83706 priced at $354,900 converts $1,915/mo rent into after a $1,737/mo obligation. Total monthly income equals $1,915/mo. Return on cash invested prints 16.41% in year one, and rental yield reads 6.48% against a $354,900 entry. Equity gained on principal adds $2,290/yr, while 5% annual appreciation compiles into $98,052 by year five. Five-year ROI reaches 84.29% and total cumulative return in cash sums $99,172. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,915/mo property income covering a $1,737/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
3,049 sqft lot
$N/A/sqft
$447 quarterly 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: Stephanie Trail • Powerhouse Real Estate Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98950085
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.