390 W Lockhart Ln,Meridian,ID,83646

Investment Highlights

Rental property for sale in Meridian at 390 W Lockhart Ln, Meridian, ID, 83646 offers $2,663/mo rent that, after a $2,687/mo payment. Total monthly income is $2,663/mo. Return on cash invested measures 16.77% in year one, and rental yield stands at 5.82% at a $549,000 entry. Equity gained on principal adds $3,543/yr while 5% annual appreciation compounds into $151,679 by year five. Five-year ROI records 85.4% and total cumulative return in cash reaches $154,256. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,663/mo property income versus a $2,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.