2875 E Bourbon StMeridianID83646
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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
Rental property for sale in Meridian at 2875 E Bourbon St, Meridian, ID, 83646 priced at $535,000 pairs $2,867/mo rent with after a $2,619/mo payment. Total monthly income equals $2,867/mo. Return on cash invested is 18.48% in year one, and rental yield stands at 6.43% on a $535,000 basis. Equity gained on principal adds $3,452/yr, and 5% annual appreciation accumulates to $147,811 by year five. Five-year ROI measures 94.6% and total cumulative return in cash reaches $166,516. For financing, Ziffy Mortgage’s DSCR program evaluates $2,867/mo property income against a $2,619/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
6,098 sqft lot
$N/A/sqft
$250 annually HOA
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Listed by: John Boles • Jon Gosche Real Estate, LLC
Mls Name: IMLS
Mls Provider:
Mls ID: #98939067
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.