8305 W Rifleman StBoiseID83704
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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 8305 W Rifleman St, Boise, ID, 83704 generates $2,014/mo in rent and, after a $1,449/mo payment, leaves $161/mo in cash flow. Total monthly income is $2,014/mo, and annual cash flow is $1,931/yr on $98,124 invested. Return on cash invested sits at 21.88% in year one, and rental yield is 8.16% on a $296,000 entry. Equity gained on principal adds $1,910/yr, while 5% annual appreciation builds toward $81,779 over five years. Five-year ROI reaches 113.47% and total cumulative return in cash sums $111,340. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,014/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83704, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,240 (100%) |
| Owner Occupied HU | 10,751 (58.9%) |
| Renter Occupied HU | 6,951 (38.1%) |
| Vacant Housing Units | 538 ( 2.9%) |
| Median Home Value | $458,695 |
| Average Home Value | $490,450 |
Housing Distribution
Address Breakdown
Residential
17,527
Single Family
16,389
Multi-Family
1,138
Businesses
1,556
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Listed by: Christina Ward • Keller Williams Realty Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98947943
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.