3300 W Grand Rapids Dr,Meridian,ID,83646

Investment Highlights

Investment property for sale in Meridian at 3300 W Grand Rapids Dr, Meridian, ID, 83646 listed at $775,000 pairs $5,046/mo rent with a $3,793/mo payment to leave $588/mo cash flow. Total monthly income runs $5,046/mo, and annual cash flow reaches $7,053/yr on $254,975 cash to close. Return on cash invested measures 22.83% in year one, and rental yield registers 7.81% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 117.87% and total cumulative return in cash totals $300,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,046/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).