3280 W Sugar Creek Dr,Meridian,ID,83646

Investment Highlights

Investment property for sale in Meridian at 3280 W Sugar Creek Dr, Meridian, ID, 83646 offers a 8.15% rental yield on a $389,999 purchase with $2,650/mo rent. Total monthly income registers $2,650/mo, and a $1,909/mo payment leaves $406/mo available for distribution. Annual cash flow reaches $4,875/yr on $129,285 to close, and return on cash invested stands at 23.68% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 122.52% and total cumulative return in cash at $158,396. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,650/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.