1747 E Netley StMeridianID83646
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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
Rental property for sale in Meridian at 1747 E Netley St, Meridian, ID, 83646 generates $2,900/mo in rent and, after a $2,036/mo payment, leaves $419/mo in cash flow. Total monthly income is $2,900/mo, and annual cash flow is $5,027/yr on $137,904 invested. Return on cash invested sits at 23.55% in year one, and rental yield is 8.37% on a $416,000 entry. Equity gained on principal adds $2,684/yr, while 5% annual appreciation builds toward $114,933 over five years. Five-year ROI reaches 122.08% and total cumulative return in cash sums $168,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,900/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
3,659 sqft lot
$N/A/sqft
$88 monthly HOA
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Listed by: Teena Turner • Evans Realty, L.L.C.
Mls Name: IMLS
Mls Provider:
Mls ID: #98961611
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.