2495 E Ringneck StMeridianID83646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Meridian at 2495 E Ringneck St, Meridian, ID, 83646 generates $2,518/mo in rent, after a $2,872/mo payment. Total monthly income is $2,518/mo. Return on cash invested sits at 13.53% in year one, and rental yield is 5.15% on a $586,777 entry. Equity gained on principal adds $3,786/yr, while 5% annual appreciation builds toward $162,116 over five years. Five-year ROI reaches 68.46% and total cumulative return in cash sums $132,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,518/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
5,357 sqft lot
$N/A/sqft
$580 quarterly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anngela Musgrave • Idaho Town & Country Realty
Mls Name: IMLS
Mls Provider:
Mls ID: #98943974
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.