3249 W Monessen Ln,Meridian,ID,83646

Investment Highlights

Rental property for sale in Meridian at 3249 W Monessen Ln, Meridian, ID, 83646 generates $2,521/mo in rent and, after a $2,104/mo payment, leaves $48/mo in cash flow. Total monthly income is $2,521/mo, and annual cash flow is $576/yr on $142,512 invested. Return on cash invested sits at 20.31% in year one, and rental yield is 7.04% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 104.43% and total cumulative return in cash sums $148,819. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,521/mo property income rather than buyer’s personal income.