1243 E Prairiefire St, Meridian, ID, 83646 | 6.24% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Meridian at 1243 E Prairiefire St, Meridian, ID, 83646 generates $2,599/mo in rent, after a $2,447/mo payment. Total monthly income is $2,599/mo. Return on cash invested sits at 17.9% in year one, and rental yield is 6.24% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 91.5% and total cumulative return in cash sums $151,664. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,599/mo property income rather than buyer’s personal income.

Single Family

Built in 2017

3,920 sqft lot

$N/A/sqft

No HOA