2818 N Sharon Ave,Meridian,ID,83646

Investment Highlights

Rental property for sale in Meridian at 2818 N Sharon Ave, Meridian, ID, 83646 generates $2,993/mo in rent and, after a $2,437/mo payment, leaves $129/mo in cash flow. Total monthly income is $2,993/mo, and annual cash flow is $1,543/yr on $165,087 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 7.21% on a $498,000 entry. Equity gained on principal adds $3,214/yr, while 5% annual appreciation builds toward $137,588 over five years. Five-year ROI reaches 107.28% and total cumulative return in cash sums $177,112. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,993/mo property income rather than buyer’s personal income.