5858 W Sterling LnGarden CityID83703
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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 Garden City at 5858 W Sterling Ln, Garden City, ID, 83703 listed at $699,000 pairs $4,062/mo rent with a $3,421/mo payment to leave $41/mo cash flow. Total monthly income runs $4,062/mo, and annual cash flow reaches $492/yr on $229,971 cash to close. Return on cash invested measures 20.27% in year one, and rental yield registers 6.97% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 104.21% and total cumulative return in cash totals $239,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,062/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83703, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,341 (100%) |
| Owner Occupied HU | 5,320 (63.8%) |
| Renter Occupied HU | 2,779 (33.3%) |
| Vacant Housing Units | 242 ( 2.9%) |
| Median Home Value | $642,012 |
| Average Home Value | $704,260 |
Housing Distribution
Address Breakdown
Residential
8,325
Single Family
7,954
Multi-Family
371
Businesses
360
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Listed by: William Cowdry • Silvercreek Realty Group
Mls Name: IMLS
Mls ID: #98969434