6728 W Fairview Ave #24 · Boise City, ID 83704

$28,000

2 bd · 1.0 ba · 500 sqft · Manufactured · 111 Days on market

Built 1959 Est $41k · 32% under ↓ 53% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +15.0/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +4.2/10.0
• Rent growth +3.0/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This manufactured home has been completely updated including: brand new flooring and fresh paint inside and outside. Located in a very centralized location in West Boise where you will find restaurants, shopping and schools nearby. A public bus stop is just steps away. The home has a hookup for a stackable washer/dryer combo. Lot Rent is $695 per month. Owner will carry the loan with minimum of 20% down.

Key facts

• Near shopping
• New flooring
• Centrally located

Tags

• NEW FLOORING
• FRESH INTERIOR PAINT
• FRESH EXTERIOR PAINT
• CENTRALLY LOCATED
• NEAR RESTAURANTS
• NEAR SHOPPING

Property features AI

Finance

• Other: Annual taxes listed (not included per instructions)

Exterior

• Utilities: Electric water heater; Gas water heater
• Home design: Mobile/manufactured home on a rented lot; Built in 1959
• Construction: Year built: 1959
• Exterior features: Situated in the Tyler Sub subdivision on the Boise Bench

Interior

• Kitchen: No kitchen appliance details provided
• Bedrooms: 2 bedrooms (both on the main level)
• Bathrooms: 1 bathroom
• Heating & cooling: Ductless/mini-split system
• Interior features: Ductless/mini-split heating and cooling
• Laundry & utility: Electric and gas water heaters

🏷️ Possibly a rental listed for sale. The $28,000 price doesn't fit this home's estimated sale value (~$41,000) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $28k.

Deal economics

• At list price, monthly cash flow is $910 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $28k).
• Recommended offer: $25k (9.0% below list) — sets the bar for market timing.
• Cap rate 45.3% vs local median 2.6% in Boise City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Boise Independent District (urban): math 42% / reading 56% proficiency, ranked #36 of 92 in ID (top 39%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Koelsch Elementary School (math 8% / reading 32%, grade F, #344 of 357 statewide, top 97%, 320 students, 99% FRL); Capital Senior High School (math 34% / reading 57%, grade D-, #59 of 169 statewide, top 35%, 1,220 students, 28% FRL) — zoned schools average 63% FRL vs 33% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 33% at this address vs 49% district-wide (-16 pts) — the specific schools serving this property underperform the Boise Independent District average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.9%/yr); 193 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 5,129 units permitted in Ada County in 2024 (414 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $194 of loan paydown is wiped out by about $840 of value loss. Plan a longer hold.
• Ada County population projected at +45% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 1.9% rent growth), your $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 111 days — a 9% lower offer ($25k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $7k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $25,480 (9.0% below list)

Questions for the listing agent

1. It's been on market 111 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 4.99% ✓
• Cap rate: 45.29%
• Cash-on-cash: 139.29%
• DSCR: 7.20
• GRM: 1.7

CMA / ARV

• ARV (on-the-fly): $41,000
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6728 W Fairview Ave #40	0.00mi	2/1.0	550 (+10%)	17mo	$44,900	$82	69

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.95% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 7.63×
• Total profit: $51,982
• Equity at exit: $4,175

10-year hold

• IRR: —
• Equity multiple: 15.56×
• Total profit: $114,115
• Equity at exit: $2,421

Cash invested: $7,840 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 91 Strongly Landlord-Friendly
• State Idaho: 91 Strongly Landlord-Friendly · R+18
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempted; minimal tenant protections.

Methodology + full state rankings →

ZIP-level market 83704

• Rents YoY: 1.9%
• Active inventory: 193
• Price-to-rent: 1.7×

Monthly cashflow live

• Estimated rent: $1,397 high
• Mortgage (P&I): −$147
• Tax est. 1.5%: −$35 /mo · $420/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$293
• Net cashflow: $910

Break-even live

Break-even rent $245

Max offer price $28,000

Occupancy floor 30%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $7,000
• Closing costs: $840
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1677 N Raymond St Boise, ID	1.0	1.0	685	$1,395	$2.04	23d	1	0.10mi
1428 N Raymond St Unit 1408 104 Boise, ID	1.0	1.0	740	$1,195	$1.61	23d	1	0.20mi
1408 N Raymond St Boise, ID	1.0	1.0	740	$1,195	$1.61	23d	1	0.23mi
1105 N Liberty St Boise, ID	1.0–2.0	1.0	727	$1,949	$2.68	14d	4	0.42mi
7479 W Holbrook Ln Boise, ID	1.0	1.0	650	$1,095	$1.68	23d	1	0.77mi
7460 W Holbrook Ln Boise, ID	1.0	1.0	674	$1,095	$1.62	23d	1	0.78mi
2722 N Retirement Ln Boise, ID	1.0	1.0	590	$1,095	$1.86	23d	1	0.83mi
1680 N Phillippi St Boise, ID	1.0	1.0	450	$1,145	$2.54	23d	1	0.89mi
5151 W Morris Hill Rd Boise, ID	1.0	1.0	520	$1,250	$2.40	2d	1	1.28mi
331 E 40th St Garden City, ID	2.0	2.0	678	$1,875	$2.77	2d	1	1.36mi
930 N Maple Grove Rd Boise, ID	1.0–3.0	1.0–2.0	950	$1,920	$2.02	2d	14	1.39mi
385 E 42nd St Garden City, ID	1.0–2.0	1.0–2.0	832	$1,495	$1.80	3d	1	1.40mi
4220 N Adams St Garden City, ID	2.0	1.0–2.0	767	$2,333	$3.04	2d	7	1.40mi
4633 N Iota Ln Unit 201 Garden City, ID	1.0	1.0	563	$1,375	$2.44	23d	1	1.41mi
4632 N Iota Ln Unit 200 Garden City, ID	1.0	1.0	563	$1,375	$2.44	19d	1	1.42mi
4632 N Iota Ln Unit 300 Garden City, ID	1.0	1.0	563	$1,375	$2.44	23d	1	1.42mi
5453 W Franklin Rd Boise, ID	1.0	1.0	580	$1,324	$2.28	2d	2	1.46mi

Listing history 23 events

1. 2026-06-18
   days on market $28,000 Active 111 DOM
2. 2026-06-17
   days on market $28,000 Active 110 DOM
3. 2026-06-16
   days on market $28,000 Active 109 DOM
4. 2026-06-15
   days on market $28,000 Active 108 DOM
5. 2026-06-13
   days on market $28,000 Active 106 DOM
6. 2026-06-10
   days on market $28,000 Active 103 DOM
7. 2026-06-09
   days on market $28,000 Active 102 DOM
8. 2026-06-08
   days on market $28,000 Active 101 DOM
9. 2026-06-07
   days on market $28,000 Active 100 DOM
10. 2026-06-05
    days on market $28,000 Active 97 DOM
11. 2026-06-03
    days on market $28,000 Active 96 DOM
12. 2026-06-03
    days on market $28,000 Active 95 DOM
13. 2026-06-01
    days on market $28,000 Active 94 DOM
14. 2026-05-31
    days on market $28,000 Active 93 DOM
15. 2026-05-18
    price $28,000
16. 2026-04-09
    price $33,000
17. 2026-02-26
    listed $34,999 Active
18. 2026-01-31
    historical
19. 2026-01-28
    listed $35,000 Active
20. 2023-12-29
    soldstatus Sold 407-char remark

    Show marketing remark (407 chars)

    This manufactured home has been completely updated including: brand new flooring and fresh paint inside and outside. Located in a very centralized location in West Boise where you will find restaurants, shopping and schools nearby. A public bus stop is just steps away. The home has a hookup for a stackable washer/dryer combo. Lot Rent is $695 per month. Owner will carry the loan with minimum of 20% down.

21. 2023-12-16
    status Pending 407-char remark

    Show marketing remark (407 chars)

    This manufactured home has been completely updated including: brand new flooring and fresh paint inside and outside. Located in a very centralized location in West Boise where you will find restaurants, shopping and schools nearby. A public bus stop is just steps away. The home has a hookup for a stackable washer/dryer combo. Lot Rent is $695 per month. Owner will carry the loan with minimum of 20% down.

22. 2023-11-26
    price $48,000 407-char remark

    Show marketing remark (407 chars)

    This manufactured home has been completely updated including: brand new flooring and fresh paint inside and outside. Located in a very centralized location in West Boise where you will find restaurants, shopping and schools nearby. A public bus stop is just steps away. The home has a hookup for a stackable washer/dryer combo. Lot Rent is $695 per month. Owner will carry the loan with minimum of 20% down.

23. 2023-11-06
    listed $59,990 Active 407-char remark

    Show marketing remark (407 chars)

    This manufactured home has been completely updated including: brand new flooring and fresh paint inside and outside. Located in a very centralized location in West Boise where you will find restaurants, shopping and schools nearby. A public bus stop is just steps away. The home has a hookup for a stackable washer/dryer combo. Lot Rent is $695 per month. Owner will carry the loan with minimum of 20% down.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥96°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 8/10 Severe 14 unhealthy d/yr today · 19 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,762
• − Mortgage interest: −$1,568
• − Property taxes: −$420
• − Insurance: −$140
• − Repairs & maintenance: −$1,341
• − Management: −$1,341
• − Depreciation: −$815
• Taxable income: $11,137
• Est. tax owed @ 24.0%: −$2,673
• After-tax cash flow: $8,247/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Boise Independent District
• NCES district ID: 1600360
• Math proficiency: 42% ▼ -5.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $49,135
• Composite: 41.82/100
• National rank: #3388
• State rank: #36 of 92 in ID

Livability — Boise City

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Boise City, ID
• County: Ada County · 522,161 people
• City population: 152,689
• Metro: Boise City, ID
• Population (ZIP): 42,719
• Household income: $73,390
• Rent vs Own: 37.0% rent · 63.0% own
• Severe rent burden: 1415.0

Population outlook (Ada County) Hauer SSP2

• Today (2025): 535,818 people
• By 2030: 585,751 · +9.3%
• By 2040: 682,435 · +27.4%
• By 2050: 775,818 · +44.8%
• By 2075: 994,458 · +85.6%
• By 2100: 1,148,884 · +114.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 14% Two or more races 9% Asian 2% Native American 2% Black 1%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Italian 4% Portuguese 3% Slovak 2%
• Foreign-born: 8% · Canada
• Languages at home: 87% English-only · Spanish 8% Russian/Polish/Slavic 1% Other Indo-European 1%

Political lean MEDSL · Ada

• 2024 margin: R (+10.3) · D 43.4% · R 53.8% · Other 2.8%
• 2008→2024 swing: -4.2pp toward R · 2008: -6.2pp · 2024: -10.3pp
• All cycles: 2024: R+10.3 2020: R+3.9 2016: R+9.2 2012: R+11.3 2008: R+6.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -393.15%
• Current HPI: 379.0934
• Rent YoY: ▲ 1.95%
• Metro: Boise City, ID
• State GDP YoY: ▲ 4.51%
• F500 in state: 6

Industry mix (Fortune 500 HQ in ID)

Industry	F500 HQs	Revenue
▸Retail	1	$79B
▸Technology	1	$25B
▸Food / Agriculture	1	$6B

Price history

-53.3% since first listed

9 events — show timeline

• 2026-05-18 Price Changed $28,000 IMLS
• 2026-04-09 Price Changed $33,000 IMLS
• 2026-02-26 Listed $34,999 IMLS
• 2026-01-31 Listing Removed — IMLS
• 2026-01-28 Listed $35,000 IMLS
• 2023-12-29 Sold (MLS) — IMLS
• 2023-12-16 Pending — IMLS
• 2023-11-26 Price Changed $48,000 IMLS
• 2023-11-06 Listed $59,990 IMLS