2948 W Gemstone Dr, Meridian, ID, 83646 | 6.81% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1436 sft

2123 E Harbour Grove Dr, Nampa, ID, 83686

3 Bed
2 Bath
1402 sft

5520 Boomerang Way, Caldwell, ID, 83607

3 Bed
2 Bath
1472 sft

3696 N Rockcress Ct, Boise, ID, 83713

4 Bed
2 Bath
1404 sft

703 S Chestnut St, Nampa, ID, 83686

Nearby investment properties with comparable prices

3 Bed
2 Bath
1694 sft

1608 Sunday Riv, Middleton, ID, 83644

[site_import_format_address 1608 Sunday Riv

3 Bed
2 Bath
1694 sft

[site_import_format_address 1608 Sunday Riv, Middleton, ID, 83644

3 Bed
2 Bath
1694 sft

1608 Sunday Riv, Saint Middleton, ID, 83644

4 Bed
2 Bath
1860 sft

2438 W Fallon Loop, Nampa, ID, 83651

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

Rental property for sale in Meridian at 2948 W Gemstone Dr, Meridian, ID, 83646 generates $2,836/mo in rent, after a $2,447/mo payment. Total monthly income is $2,836/mo. Return on cash invested sits at 19.62% in year one, and rental yield is 6.81% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 100.7% and total cumulative return in cash sums $166,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,836/mo property income rather than buyer’s personal income.

Single Family

Built in 1992

9,147 sqft lot

$N/A/sqft

No HOA