2320 E Redwick Dr, Meridian, ID, 83646 | 6.59% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1576 sft

2750 E Eastgate Dr, Boise, ID, 83716

2 Bed
2 Bath
1035 sft

5134 S Surprise Way APT 201, Boise, ID, 83716

3 Bed
2 Bath
1093 sft

934 N Stonehenge Way, Meridian, ID, 83642

3 Bed
2 Bath
1526 sft

5967 W Los Flores Dr, Meridian, ID, 83646

Nearby investment properties with comparable prices

3 Bed
2 Bath
1356 sft

1987 S Defio Way, Meridian, ID, 83642

3 Bed
2 Bath
1620 sft

19172 Smith Fork Way, Caldwell, ID, 83687

3 Bed
2 Bath
1473 sft

4148 S Chesman Ave, Meridian, ID, 83642

Villa (F) Plan, Villas at Crystal Springs

3 Bed
3 Bath
1617 sft

Villa (F) Plan, Villas at Crystal Springs, Star, ID, 83669

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Meridian at 2320 E Redwick Dr, Meridian, ID, 83646 earns from $2,744/mo rent with a $2,445/mo payment. Total monthly income totals $2,744/mo. ROI tracks 18.97% on current figures, and rental yield reads 6.59% at a $499,500 purchase. Equity gained on principal adds $3,223/yr, and 5% annual appreciation supports $138,003 over five years. Five-year ROI reaches 97.24% and total cumulative return in cash sums $161,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,744/mo property income instead of your personal income.

Single Family

Built in 2003

7,971 sqft lot

$N/A/sqft

No HOA