178 W Lava Falls Dr,Meridian,ID,83646

Investment Highlights

Investment property for sale in Meridian at 178 W Lava Falls Dr, Meridian, ID, 83646 with 5% annual appreciation on a $405,000 basis while $2,498/mo rent supports operations. Total monthly income totals $2,498/mo and a $1,982/mo payment preserves $168/mo for cash returns. Annual cash flow comes to $2,020/yr on $134,258 deployed, and return on cash invested reaches 21.41% in year one. Equity gained on principal adds $2,613/yr, and five-year appreciation sums $111,894 alongside rental yield of 7.4%. Five-year ROI measures 110.36% and total cumulative return in cash totals $148,166.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,498/mo property income versus a $1,982/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.