1632 N Todd Way,Meridian,ID,83646

Investment Highlights

Rental property for sale in Meridian at 1632 N Todd Way, Meridian, ID, 83646 generates $2,222/mo in rent and, after a $1,781/mo payment, leaves $118/mo in cash flow. Total monthly income is $2,222/mo, and annual cash flow is $1,412/yr on $120,633 invested. Return on cash invested sits at 21.08% in year one, and rental yield is 7.33% on a $363,900 entry. Equity gained on principal adds $2,348/yr, while 5% annual appreciation builds toward $100,539 over five years. Five-year ROI reaches 108.6% and total cumulative return in cash sums $131,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,222/mo property income rather than buyer’s personal income.