5116 S Surprise Way APT 103BoiseID83716
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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 5116 S Surprise Way APT 103, Boise, ID, 83716 earns from $1,961/mo rent with a $1,933/mo payment. Total monthly income totals $1,961/mo. ROI tracks 13.13% on current figures, and rental yield reads 5.96% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 67.36% and total cumulative return in cash sums $88,206. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,961/mo property income instead of your personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
$365 monthly 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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Listed by: Katie Shevlin • Boise Premier Real Estate
Mls Name: IMLS
Mls Provider:
Mls ID: #98912574
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.