2051 N Applewood Pl,Meridian,ID,83646

Investment Highlights

Rental property for sale in Meridian at 2051 N Applewood Pl, Meridian, ID, 83646 generates $2,882/mo in rent and, after a $2,447/mo payment, leaves $6/mo in cash flow. Total monthly income is $2,882/mo, and annual cash flow is $70/yr on $165,750 invested. Return on cash invested sits at 19.95% in year one, and rental yield is 6.92% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 102.48% and total cumulative return in cash sums $169,868. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,882/mo property income rather than buyer’s personal income.