1328 E Sicily StMeridianID83642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Meridian at 1328 E Sicily St, Meridian, ID, 83642 listed at $545,000 pairs $3,209/mo rent with a $2,668/mo payment to leave $73/mo cash flow. Total monthly income runs $3,209/mo, and annual cash flow reaches $878/yr on $179,305 cash to close. Return on cash invested measures 20.55% in year one, and rental yield registers 7.07% at a $545,000 basis. Equity gained on principal adds $3,517/yr, and annual property appreciation at 5% supports $150,573 by year five. Five-year ROI tracks 105.69% and total cumulative return in cash totals $189,504. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,209/mo property income relative to a $2,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83642, Meridian, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,815 (100%) |
| Owner Occupied HU | 18,304 (63.5%) |
| Renter Occupied HU | 8,350 (29.0%) |
| Vacant Housing Units | 2,161 ( 7.5%) |
| Median Home Value | $613,863 |
| Average Home Value | $648,071 |
Housing Distribution
Address Breakdown
Residential
26,118
Single Family
24,576
Multi-Family
1,542
Businesses
2,346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices