2160 E Deep Purple LnMeridianID83642
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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 2160 E Deep Purple Ln, Meridian, ID, 83642 earns $96/mo cash flow from $2,483/mo rent with a $2,031/mo payment. Total monthly income totals $2,483/mo, and annual cash flow totals $1,151/yr on $137,539 capital. ROI tracks 20.75% on current figures, and rental yield reads 7.18% at a $414,900 purchase. Equity gained on principal adds $2,677/yr, and 5% annual appreciation supports $114,629 over five years. Five-year ROI reaches 106.75% and total cumulative return in cash sums $146,822. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,483/mo property income instead of your personal income.
Townhouse
Built in 2026
1,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83642, Meridian, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,815 (100%) |
| Owner Occupied HU | 18,304 (63.5%) |
| Renter Occupied HU | 8,350 (29.0%) |
| Vacant Housing Units | 2,161 ( 7.5%) |
| Median Home Value | $613,863 |
| Average Home Value | $648,071 |
Housing Distribution
Address Breakdown
Residential
26,118
Single Family
24,576
Multi-Family
1,542
Businesses
2,346
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