4064 N Alester AveMeridianID83646
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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
Rental property for sale in Meridian at 4064 N Alester Ave, Meridian, ID, 83646 offers $2,166/mo rent that, after a $2,261/mo payment. Total monthly income is $2,166/mo. Return on cash invested measures 15.78% in year one, and rental yield stands at 5.63% at a $461,999 entry. Equity gained on principal adds $2,981/yr while 5% annual appreciation compounds into $127,642 by year five. Five-year ROI records 80.25% and total cumulative return in cash reaches $122,909. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,166/mo property income versus a $2,261/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
5,227 sqft lot
$N/A/sqft
$420 annually HOA
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Nearby investment properties with comparable prices
Listed by: Jennifer Stacey • John L Scott Downtown
Mls Name: IMLS
Mls Provider:
Mls ID: #98943949
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.