1912 W Hendricks Ct,Meridian,ID,83646

Investment Highlights

Investment property for sale in Meridian at 1912 W Hendricks Ct, Meridian, ID, 83646 listed at $484,000 pairs $3,095/mo rent with a $2,369/mo payment to leave $311/mo cash flow. Total monthly income runs $3,095/mo, and annual cash flow reaches $3,727/yr on $160,446 cash to close. Return on cash invested measures 22.23% in year one, and rental yield registers 7.67% at a $484,000 basis. Equity gained on principal adds $3,123/yr, and annual property appreciation at 5% supports $133,720 by year five. Five-year ROI tracks 114.72% and total cumulative return in cash totals $184,068. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,095/mo property income relative to a $2,369/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).