2363 E Clifton DrMeridianID83642
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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 2363 E Clifton Dr, Meridian, ID, 83642 listed at $495,550 pairs $2,612/mo rent with a $2,425/mo payment. Total monthly income runs $2,612/mo. Return on cash invested measures 18.17% in year one, and rental yield registers 6.33% at a $495,550 basis. Equity gained on principal adds $3,198/yr, and annual property appreciation at 5% supports $136,911 by year five. Five-year ROI tracks 92.93% and total cumulative return in cash totals $152,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,612/mo property income relative to a $2,425/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
9,321 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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