4233 E Hillsong StMeridianID83709
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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 4233 E Hillsong St, Meridian, ID, 83709 offers a 6.99% rental yield on a $459,990 purchase with $2,680/mo rent. Total monthly income registers $2,680/mo, and a $2,251/mo payment leaves $34/mo available for distribution. Annual cash flow reaches $410/yr on $152,487 to close, and return on cash invested stands at 20.18% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,087 over five years. Portfolio math shows five-year ROI at 103.73% and total cumulative return in cash at $158,170. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,680/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
3,441 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83709, Boise, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,416 (100%) |
| Owner Occupied HU | 18,714 (79.9%) |
| Renter Occupied HU | 4,258 (18.2%) |
| Vacant Housing Units | 444 ( 1.9%) |
| Median Home Value | $534,081 |
| Average Home Value | $588,542 |
Housing Distribution
Address Breakdown
Residential
22,739
Single Family
22,670
Multi-Family
69
Businesses
1,241
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