1528 E Peridot StMeridianID83646
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing1528 E Peridot St, Meridian, ID, 83646 in Meridian is a stable, well-positioned rental at $449,900. It generates $2,621/mo in gross rent, nets $23/mo after debt service, and carries a 6.99% yield suited to conservative, capital-preservation strategies. DSCR 1.30 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $124,299 in value and $4,144/yr in principal paydown builds equity, a total projected return of $171,867.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 5.5% |
| Monthly Cash Flow | $23 | $385 |
City averages based on Meridian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,621 |
| Total Monthly Debt Service | $2,409 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
8,712 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1992
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices