8213 S Blue Ridge Ln #13BoiseID83716
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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 8213 S Blue Ridge Ln #13, Boise, ID, 83716 uses $45,084 cash to close to unlock $5,559/yr annual cash flow and $463/mo monthly cash flow. Total monthly income runs $1,246/mo, and a $666/mo payment keeps the spread at $463/mo. Purchase price stands at $136,000, and rental yield measures 10.99% with $1,246/mo rent. Return on cash invested shows 32.24% in year one, and 5% annual appreciation builds toward $37,574 over five years. Five-year ROI reaches 168.49% and total cumulative return in cash records $75,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,246/mo property income covering a $666/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No 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: Tina Paventy • Home Seekers of Idaho
Mls Name: IMLS
Mls Provider:
Mls ID: #98918263
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.