4240 W Sunny Cove St, Meridian, ID, 83646 | 6.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Meridian at 4240 W Sunny Cove St, Meridian, ID, 83646 generates $4,235/mo in rent, after a $4,037/mo payment. Total monthly income is $4,235/mo. Return on cash invested sits at 17.81% in year one, and rental yield is 6.16% on a $824,900 entry. Equity gained on principal adds $5,323/yr, while 5% annual appreciation builds toward $227,905 over five years. Five-year ROI reaches 90.94% and total cumulative return in cash sums $246,805. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,235/mo property income rather than buyer’s personal income.

Single Family

Built in 2018

7,405 sqft lot

$N/A/sqft

No HOA