1791 E Horse Creek CtMeridianID83642
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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 1791 E Horse Creek Ct, Meridian, ID, 83642 earns from $2,838/mo rent with a $2,435/mo payment. Total monthly income totals $2,838/mo. ROI tracks 19.01% on current figures, and rental yield reads 6.85% at a $497,500 purchase. Equity gained on principal adds $3,210/yr, and 5% annual appreciation supports $137,450 over five years. Five-year ROI reaches 97.68% and total cumulative return in cash sums $161,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,838/mo property income instead of your personal income.
Townhouse
Built in 2008
6,098 sqft lot
$N/A/sqft
$300 quarterly 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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Listed by: Russell Garland • Smith & Coelho
Mls Name: IMLS
Mls Provider:
Mls ID: #98955426
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.