1338 W Sandalwood Dr, Meridian, ID, 83646 | 6.22% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1232 sft

507 21st Ave S, Nampa, ID, 83651

4 Bed
2 Bath
2016 sft

10785 W Hollandale Dr, Boise, ID, 83709

2 Bed
2 Bath
1079 sft

204 E Dearborn St, Caldwell, ID, 83605

2 Bed
1 Bath
1186 sft

618 E Chicago St, Caldwell, ID, 83605

Nearby investment properties with comparable prices

2 Bed
1 Bath
904 sft

716 E Maryland Ave, Nampa, ID, 83686

Investment Property+ 1 more

2 Bed
2 Bath
1294 sft

122 S Valley Dr, Nampa, ID, 83686

3 Bed
1 Bath
924 sft

1416 E Maple St, Caldwell, ID, 83605

2 Bed
1 Bath
1262 sft

2024 2nd St S, Nampa, ID, 83651

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Meridian at 1338 W Sandalwood Dr, Meridian, ID, 83646 offers a 6.22% rental yield on a $339,900 purchase with $1,763/mo rent. 86% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 91.3% and total cumulative return in cash at $102,875. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,763/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1989

3,920 sqft lot

$N/A/sqft

No HOA