2083 N Eureka AveMeridianID83646
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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 2083 N Eureka Ave, Meridian, ID, 83646 offers a 6.31% rental yield on a $409,900 purchase with $2,156/mo rent. 86% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 91.36% and total cumulative return in cash at $124,144. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,156/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
6,098 sqft lot
$N/A/sqft
$369 annually HOA
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Nearby investment properties with comparable prices
Listed by: Kasandra Henry • Keller Williams Realty Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98924501
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.