3029 NW 3rd St, Meridian, ID, 83646 | 5.62% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,833/mo, and a $4,009/mo payment. Purchase price stands at $819,000, and rental yield measures 5.62% with $3,833/mo rent. Return on cash invested shows 16.15% in year one, and 5% annual appreciation builds toward $226,275 over five years. Five-year ROI reaches 82.06% and total cumulative return in cash records $221,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,833/mo property income covering a $4,009/mo payment rather than investor’s personal income.

Single Family

Built in 2004

0.27 Acres lot

$N/A/sqft

No HOA