1767 W Merganzer DrMeridianID83642
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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
Investment property for sale in Meridian at 1767 W Merganzer Dr, Meridian, ID, 83642 uses $162,431 cash to close to unlock $3,089/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $3,076/mo, and a $2,398/mo payment keeps the spread at $257/mo. Purchase price stands at $489,989, and rental yield measures 7.53% with $3,076/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $135,375 over five years. Five-year ROI reaches 112.48% and total cumulative return in cash records $182,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,076/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 2001
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83642, Meridian, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,815 (100%) |
| Owner Occupied HU | 18,304 (63.5%) |
| Renter Occupied HU | 8,350 (29.0%) |
| Vacant Housing Units | 2,161 ( 7.5%) |
| Median Home Value | $613,863 |
| Average Home Value | $648,071 |
Housing Distribution
Address Breakdown
Residential
26,118
Single Family
24,576
Multi-Family
1,542
Businesses
2,346
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