1964 E Summercove Dr, Meridian, ID, 83646 | 5.83% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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The Sage Plan, Sagarra at Orchard Park, Meridian, ID, 83646

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

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Investment Highlights

Investment property for sale in Meridian at 1964 E Summercove Dr, Meridian, ID, 83646 listed at $865,000 pairs $4,202/mo rent with a $4,234/mo payment. Total monthly income runs $4,202/mo. Return on cash invested measures 16.79% in year one, and rental yield registers 5.83% at a $865,000 basis. Equity gained on principal adds $5,582/yr, and annual property appreciation at 5% supports $238,984 by year five. Five-year ROI tracks 85.53% and total cumulative return in cash totals $243,411. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,202/mo property income relative to a $4,234/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1998

0.32 Acres lot

$N/A/sqft

No HOA