1528 E Peridot St,Meridian,ID,83646

Investment Highlights

Investment property for sale in Meridian at 1528 E Peridot St, Meridian, ID, 83646 listed at $449,900 pairs $2,621/mo rent with a $2,202/mo payment to leave $33/mo cash flow. Total monthly income runs $2,621/mo, and annual cash flow reaches $394/yr on $149,142 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 6.99% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 103.69% and total cumulative return in cash totals $154,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,621/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).