1858 N Teare AveMeridianID83646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1858 N Teare Ave, Meridian, ID, 83646 at $405,000 posts ROI 20.52% with $68/mo cash flow from $2,398/mo rent. Total monthly income equals $2,398/mo, and annual cash flow records $820/yr on $134,258 to close. Return on cash invested measures 20.52% and rental yield reads 7.11% at the current $405,000. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 by year five. Five-year ROI prints 105.57% and total cumulative return in cash totals $141,734.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,398/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
6,534 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cassie Egbert • Realty ONE Group Professionals
Mls Name: IMLS
Mls Provider:
Mls ID: #98946338
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.