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5384 N Glencrest Ln
C+ Composite 62.67
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 +22.5/30.0
  • ARV discount +15.0/15.0
  • 1% rule +7.5/10.0
  • DSCR +7.5/10.0
  • Schools +4.7/10.0
  • Rent growth +3.7/5.0
  • Appreciation +2.5/10.0
  • Livability +2.5/5.0
  • Condition / age +2.2/5.0
  • Manufactured-home adj. -5.4

$69,000

5384 N Glencrest Ln · Boise City, ID 83714
3 bd · 2.0 ba · 1,440 sqft · Manufactured · 195 Days on market
Manufactured home 55+ age-restricted Built 1980 Fair condition $48/sqft · 46% below area Est $128k · 46% under ↓ 8% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

PRICE REDUCTION! Incredible value in one of Boise's most desirable 55+ communities. This well-maintained 1,440 sq. ft. home offers 3 bedrooms and 2 bathrooms and is ideally situated along the edge of the park with no backyard neighbors, providing a peaceful and private setting. Inside, you'll find a spacious, move-in ready layout with generous living areas. Outside, enjoy a covered carport, covered patio, and a large backyard with a new sprinkler system, perfect for gardening, relaxing, or entertaining. The storage shed includes electricity and a built-in workbench, making it ideal for hobbies, projects, or extra storage.

Key facts

  • Covered parking
  • Large backyard
  • Covered patio

Tags

COVERED PARKINGCOVERED PATIOLARGE BACKYARDNEW SPRINKLER SYSTEMCONVENIENT STORAGE SHED

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $69k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $767 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $69k).
  • Recommended offer: $61k (12.0% below list) — sets the bar for market timing.
  • Cap rate 19.6% vs local median 2.8% 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: Pierce Park Elementary School (math 42% / reading 57%, grade D, #148 of 357 statewide, top 47%, 219 students, 27% FRL); Riverglen Jr High School (math 33% / reading 56%, grade D, #52 of 109 statewide, top 51%, 540 students, 27% FRL); Capital Senior High School (math 34% / reading 57%, grade D-, #59 of 169 statewide, top 35%, 1,220 students, 28% FRL).
  • Market conditions: Rents rising fast (+4.9%/yr); 669 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals lingering (median 74d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 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 $477 of loan paydown is wiped out by about $2k 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 + 4.9% rent growth), your $19k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 195 days — a 12% lower offer ($61k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: severe wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $60,720 (12.0% below list)

Questions for the listing agent

  1. It's been on market 195 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  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
2.28%
Cap rate
19.63%
Cash-on-cash
47.62%
DSCR
3.12
GRM
3.7

CMA / ARV

ARV (median comp)
$128,249
List price
$69,000
Delta
-46.20%
Verdict
UNDERPRICED
Comps
13 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
7080 W Royal Glen Ln 0.06mi 3/2.0 1,482 (+3%) 1mo $154,900 $105 91
6972 Royal Glen Ln 0.02mi 3/2.0 1,335 (-7%) 16mo $88,000 $66 73
7098 W Royal Glen Ln 0.07mi 2/2.0 (-1) 1,568 (+9%) 12mo $129,000 $82 67
5755 N Confederate Ln 0.63mi 3/2.0 1,404 (-2%) 0mo $135,000 $96 66
8043 W Manassas Ln 0.60mi 3/2.0 1,512 (+5%) 1mo $230,000 $152 63
7935 W Appomattox Ln 0.55mi 3/2.0 1,344 (-7%) 2mo $99,900 $74 61
5609 Sudley Ln 0.68mi 3/2.0 1,440 (0%) 13mo $135,000 $94 58
5511 Glenbrier Ln 0.10mi 2/2.0 (-1) 1,248 (-13%) 14mo $127,000 $102 57
5692 N Confederate Ln 0.62mi 3/2.0 1,568 (+9%) 2mo $169,000 $108 54
5657 Sudley Ln 0.65mi 2/2.0 (-1) 1,403 (-3%) 10mo $130,000 $93 52
8215 W Appomattox Ln 0.65mi 2/2.0 (-1) 1,536 (+7%) 12mo $130,000 $85 43
5580 N Confederate 0.61mi 2/2.0 (-1) 1,584 (+10%) 12mo $181,000 $114 40

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 · 4.87% rent growth · sell at horizon

5-year hold
IRR
47.2%
Equity multiple
3.11×
Total profit
$40,693
Equity at exit
$10,288
10-year hold
IRR
53.7%
Equity multiple
6.76×
Total profit
$111,275
Equity at exit
$5,966

Cash invested: $19,320 (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.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
5 active · 6 under contract
Months of supply
5.0 mo (20%/mo absorbed)
Median asking
$129,500 ($86/sqft)
Median days on market
76 d
This list price
lowest-priced of the active set
ARV vs active asking
+3.6% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 83714

Home prices YoY
-31.5%
Rents YoY
4.9%
Active inventory
669
Price-to-rent
3.7×

Monthly cashflow live

Estimated rent
$1,574 high interval (Pro) →
Mortgage (P&I)
$362
Tax est. 1.5%
$86 /mo · $1,035/yr
Insurance
$29
HOA
$0
Lot rent leased land?
$0
Vacancy / Maint / Mgmt
$331
Net cashflow
$767

Break-even live

Break-even rent $604
Max offer price $69,000
Occupancy floor 46%

Sensitivity live

Price -10% $814 -5% $791 +0% $767 +5% $743 +10% $719
Rent -10% $642 -5% $705 +0% $767 +5% $829 +10% $891
Rate -1.0pp $801 -0.5pp $784 base $767 +0.5pp $749 +1.0pp $731

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
$17,250
Closing costs
$2,070
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 39 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
7420 W Garden Glen Dr Boise, ID 2.0 2.0 1175 $1,900 $1.62 85d 1 0.24mi
5497 N Pierce Park Ln Unit 79-202 Boise, ID 2.0 1.5 880 $1,395 $1.59 110d 1 0.29mi
5497 N Pierce Park Ln Unit 53-101 Boise, ID 2.0 1.5 880 $1,495 $1.70 110d 1 0.29mi
5497 N Pierce Park Ln Unit 45-102 Boise, ID 2.0 1.5 880 $1,495 $1.70 93d 1 0.29mi
6473 W Parapet Dr Unit 1 Boise, ID 4.0 2.5 1396 $2,300 $1.65 99d 1 0.33mi
7570 W State St Boise, ID 1.0–4.0 1.0–3.0 1227 $2,422 $1.97 0d 16 0.35mi
7570 W State St Boise, ID 1.0–4.0 1.0–2.5 1236 $2,183 $1.77 86d 21 0.35mi
5439 N Pierce Park Ln Boise, ID 3.0 2.0 1200 $1,895 $1.58 88d 1 0.36mi
5151 N Pierce Park Ln Unit 5153 Boise, ID 3.0 2.0 1224 $2,200 $1.80 0d 1 0.39mi
5153 N Pierce Park Ln Boise, ID 3.0 2.0 1224 $2,200 $1.80 0d 1 0.40mi
6127 N Portsmouth Ave Boise, ID 3.0 2.0 1176 $2,100 $1.79 73d 1 0.42mi
5967 N Pierce Park Ln Boise, ID 3.0 2.0 1302 $1,795 $1.38 119d 1 0.46mi
6589 W Lucky Ln Boise, ID 2.0 2.0 1025 $1,450 $1.41 114d 1 0.46mi
7456 W Limelight Ct Boise, ID 3.0 2.0 1278 $2,095 $1.64 99d 1 0.52mi
6474 W Lucky Ln Unit 12202 Boise, ID 2.0 2.0 1100 $1,500 $1.36 119d 1 0.54mi
4807 N Fortune Ln Unit 201 Boise, ID 2.0 2.0 925 $1,245 $1.35 110d 1 0.54mi
6008 N Ikure Ave Boise, ID 3.0 2.5 1440 $2,145 $1.49 88d 1 0.57mi
6036 N Ikure Ave Boise, ID 3.0 2.5 1440 $2,150 $1.49 73d 1 0.59mi
6058 N Hastings Ave Boise, ID 2.0 2.5 1331 $1,995 $1.50 93d 1 0.61mi
6172 N Pierce Park Ln Boise, ID 3.0 2.0 1850 $2,850 $1.54 9d 1 0.62mi
6077 N Tarako Ave Boise, ID 3.0 2.5 1583 $2,215 $1.40 7d 1 0.74mi
6077 N Tarako Ave Boise, ID 2.0–3.0 2.5 1630 $2,275 $1.40 65d 2 0.74mi
6200 N River Pointe Ln Garden City, ID 1.0–3.0 1.0–2.0 1000 $2,064 $2.06 0d 9 0.76mi
8378 W Pamela St Garden City, ID 3.0 2.0 1210 $2,400 $1.98 65d 1 0.77mi
8255 W Limelight St Boise, ID 1.0–2.0 1.0–2.0 856 $1,825 $2.13 0d 4 0.80mi
5980 N Chad Evert Ln Garden City, ID 3.0 2.0 1376 $2,150 $1.56 62d 1 0.86mi
5988 W Port Ln Unit 101 Boise, ID 2.0 2.0 958 $1,450 $1.51 9d 1 0.89mi
7228 W Rygate Dr Boise, ID 3.0 2.5 1395 $2,345 $1.68 119d 1 0.93mi
6043 W Port Pl Unit 104 Boise, ID 2.0 2.0 950 $1,345 $1.42 98d 1 0.94mi
5908 W Port Ln Unit 101 Boise, ID 2.0 2.0 977 $1,425 $1.46 7d 1 0.95mi
8714 W Pocono Ln Boise, ID 2.0 2.5 1250 $1,595 $1.28 88d 1 1.05mi
5812 W Clearview Ln Boise, ID 2.0 2.0 1000 $1,500 $1.50 4d 1 1.06mi
8712 W Pocono Ln Boise, ID 2.0 2.5 1250 $1,595 $1.28 9d 1 1.06mi
8925 W State St Garden City, ID 3.0–4.0 2.5–3.5 1625 $2,249 $1.38 0d 11 1.11mi
5821 N Cobbler Ln Boise, ID 3.0 2.5 1285 $2,050 $1.60 107d 1 1.19mi
7356 N Lucy Rose Ln Apt 104 Boise, ID 3.0 3.0 1300 $1,895 $1.46 99d 1 1.20mi
7353 N Lucy Rose Ln Boise, ID 3.0 2.5 1226 $1,950 $1.59 2d 1 1.22mi
9415 N Thurman Dr Unit 5 Boise, ID 2.0 1.0 876 $1,295 $1.48 7d 1 1.46mi
9557 W State St Garden City, ID 1.0–3.0 1.0–2.0 1022 $2,050 $2.00 0d 1 1.47mi

Property features AI

Finance

Other
Senior communitySubdivision: GlenbrierMLS area: Boise NW - 0800
HOA & community
Over-55 community

Exterior

Parking
Carport
Utilities
City water serviceSewer connected
Home design
Mobile/manufactured home on a rented lotLocated in an over-55 community
Construction
Vinyl sidingComposition roofBuilt in 1980
Exterior features
Covered patio/deckMetal fencingStorage shedAuto sprinkler systemFull sprinkler systemPaved road access

Interior

Kitchen
DishwasherDisposalMicrowaveOven/Range (freestanding)Refrigerator
Bedrooms
3 bedrooms, all on the main level
Flooring
CarpetVinyl
Bathrooms
2 bathrooms
Heating & cooling
Electric heatingCentral air conditioning
Interior features
Main-level master bedroomGuest roomBreakfast barLaminate counters
Laundry & utility
Electric water heater

Listing history 50 events

  1. 2026-09-24
    days on market $69,000 Active 195 DOM
  2. 2026-09-23
    days on market $69,000 Active 194 DOM
  3. 2026-09-22
    days on market $69,000 Active 193 DOM
  4. 2026-09-21
    days on market $69,000 Active 192 DOM
  5. 2026-09-20
    days on market $69,000 Active 191 DOM
  6. 2026-09-19
    days on market $69,000 Active 190 DOM
  7. 2026-09-18
    days on market $69,000 Active 189 DOM
  8. 2026-09-16
    days on market $69,000 Active 187 DOM
  9. 2026-09-15
    days on market $69,000 Active 186 DOM
  10. 2026-09-14
    days on market $69,000 Active 185 DOM
  11. 2026-09-13
    days on market $69,000 Active 184 DOM
  12. 2026-09-12
    days on market $69,000 Active 183 DOM
  13. 2026-09-12
    price $69,000 Active 182 DOM
  14. 2026-09-11
    days on market $76,000 Active 182 DOM
  15. 2026-09-05
    days on market $76,000 Active 176 DOM
  16. 2026-09-04
    days on market $76,000 Active 175 DOM
  17. 2026-09-03
    days on market $76,000 Active 174 DOM
  18. 2026-08-31
    pricedays on market $76,000 Active 171 DOM
  19. 2026-08-30
    days on market $83,900 Active 170 DOM
  20. 2026-08-29
    days on market $83,900 Active 169 DOM
  21. 2026-08-28
    days on market $83,900 Active 168 DOM
  22. 2026-08-27
    days on market $83,900 Active 167 DOM
  23. 2026-08-26
    days on market $83,900 Active 166 DOM
  24. 2026-08-25
    days on market $83,900 Active 165 DOM
  25. 2026-08-24
    days on market $83,900 Active 164 DOM
  26. 2026-08-23
    days on market $83,900 Active 163 DOM
  27. 2026-08-22
    days on market $83,900 Active 162 DOM
  28. 2026-08-21
    days on market $83,900 Active 161 DOM
  29. 2026-08-20
    days on market $83,900 Active 160 DOM
  30. 2026-08-19
    days on market $83,900 Active 159 DOM
  31. 2026-08-18
    days on market $83,900 Active 158 DOM
  32. 2026-08-17
    days on market $83,900 Active 157 DOM
  33. 2026-08-16
    days on market $83,900 Active 156 DOM
  34. 2026-08-15
    days on market $83,900 Active 155 DOM
  35. 2026-08-15
    pricedays on market $83,900 Active 154 DOM
  36. 2026-08-13
    days on market $93,900 Active 153 DOM
  37. 2026-08-12
    days on market $93,900 Active 152 DOM
  38. 2026-08-11
    days on market $93,900 Active 151 DOM
  39. 2026-08-10
    days on market $93,900 Active 150 DOM
  40. 2026-08-09
    days on market $93,900 Active 149 DOM
  41. 2026-08-08
    days on market $93,900 Active 148 DOM
  42. 2026-08-07
    days on market $93,900 Active 147 DOM
  43. 2026-08-06
    days on market $93,900 Active 146 DOM
  44. 2026-08-05
    days on market $93,900 Active 145 DOM
  45. 2026-08-04
    days on market $93,900 Active 144 DOM
  46. 2026-08-03
    days on market $93,900 Active 143 DOM
  47. 2026-07-31
    days on market $93,900 Active 140 DOM
  48. 2026-07-30
    days on market $93,900 Active 139 DOM
  49. 2026-07-30
    days on market $93,900 Active 138 DOM
  50. 2026-07-28
    pricedays on market $93,900 Active 137 DOM

ⓘ 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 8/10 Severe
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 9/10 Extreme 19 unhealthy d/yr today · 19 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,890
− Mortgage interest
−$3,865
− Property taxes
−$1,035
− Insurance
−$345
− Repairs & maintenance
−$1,511
− Management
−$1,511
− Depreciation
−$2,007
Taxable income
$8,615
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,068
After-tax cash flow
$7,133/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.

Condition & rehab AI · 13 photos

Fair 45/100 Moderate rehab Est. rehab $36,000–$64,800 screening

The home requires significant repairs, particularly to the roof and flooring, but has potential for substantial value increase with these improvements.

Repairs flagged

  • Major roof — The independent satellite image shows visible wear and tear on the roof.
  • Major flooring — The interior carpet appears to be worn and may need replacement.

Value-add opportunities

  • Both New roof — A new roof would significantly improve the home's appearance and increase its value for both resale and rental.
  • Both New flooring — New flooring would improve the home's appearance and increase its value for both resale and rental.

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 46/100

Zoned Schools

Elementary Pierce Park Elementary School D ID #148/357 Nat'l #12,785/41,679 Middle Riverglen Jr High School D ID #52/109 Nat'l #4,747/14,009 High Capital Senior High School D- ID #59/169 Nat'l #6,744/17,239

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 · 535,818 people
City population
152,689
Metro
Boise City, ID
Population (ZIP)
27,564
Household income
$87,651
Rent vs Own
27.4% rent · 72.6% own
Severe rent burden
10% of renters

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 (86%)
Race & ethnicity
White 86% Hispanic / Latino 9% Two or more races 7%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Italian 4% Slovak 4% Portuguese 4%
Foreign-born
5% · Canada
Languages at home
92% English-only · Spanish 5% Russian/Polish/Slavic 2% 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

Price history

-8.0% since first listed
3 events — show timeline
  • 2026-04-30 Price Changed $119,500 IMLS
  • 2026-03-25 Price Changed $124,500 IMLS
  • 2026-03-13 Listed $129,900 IMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…