307 W Lockhart Ln, Meridian, ID, 83646 | $143/mo Cash Flow

For Sale

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

Rental property for sale in Meridian at 307 W Lockhart Ln, Meridian, ID, 83646 priced at $649,000 converts $3,877/mo rent into $143/mo cash flow after a $3,177/mo obligation. Total monthly income equals $3,877/mo, and annual cash flow totals $1,715/yr on $213,521 invested. Return on cash invested prints 20.86% in year one, and rental yield reads 7.17% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 107.34% and total cumulative return in cash sums $229,200. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,877/mo property income covering a $3,177/mo payment, not borrower’s personal income.

Single Family

Built in 2018

3,484 sqft lot

$N/A/sqft

No HOA