2228 NW 12th St, Meridian, ID, 83646 | $124/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Meridian at 2228 NW 12th St, Meridian, ID, 83646 offers a 7.29% rental yield on a $387,000 purchase with $2,350/mo rent. Total monthly income registers $2,350/mo, and a $1,894/mo payment leaves $124/mo available for distribution. Annual cash flow reaches $1,486/yr on $128,291 to close, and return on cash invested stands at 21.07% in year one. Equity gained on principal adds $2,497/yr while 5% annual appreciation supports $106,921 over five years. Portfolio math shows five-year ROI at 108.47% and total cumulative return in cash at $139,154. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,350/mo property income against a $1,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1975

10,018 sqft lot

$N/A/sqft

No HOA