8856 W Candleston LnBoiseID83709
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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 8856 W Candleston Ln, Boise, ID, 83709 offers a 7.6% rental yield on a $307,000 purchase with $1,944/mo rent. Total monthly income registers $1,944/mo, and a $1,503/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,130/yr on $101,771 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $1,981/yr while 5% annual appreciation supports $84,818 over five years. Portfolio math shows five-year ROI at 113.5% and total cumulative return in cash at $115,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,944/mo property income against a $1,503/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83709, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,416 (100%) |
| Owner Occupied HU | 18,714 (79.9%) |
| Renter Occupied HU | 4,258 (18.2%) |
| Vacant Housing Units | 444 ( 1.9%) |
| Median Home Value | $534,081 |
| Average Home Value | $588,542 |
Housing Distribution
Address Breakdown
Residential
22,739
Single Family
22,670
Multi-Family
69
Businesses
1,241
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