348 E Ironstone CtMeridianID83646
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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
Investment Highlights
Investment property for sale in Meridian at 348 E Ironstone Ct, Meridian, ID, 83646 at $614,000 posts ROI 17.86% with from $3,199/mo rent. Total monthly income equals $3,199/mo. Return on cash invested measures 17.86% and rental yield reads 6.25% at the current $614,000. Equity gained on principal adds $3,962/yr, and 5% annual appreciation supports $169,637 by year five. Five-year ROI prints 91.33% and total cumulative return in cash totals $184,491. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,199/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
8,712 sqft lot
$N/A/sqft
$450 annually HOA
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Nearby investment properties with comparable prices
Listed by: Kit Fitzgerald • Equity Northwest Real Estate
Mls Name: IMLS
Mls Provider:
Mls ID: #98950849
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.