4320 N Locust Grove Rd,Meridian,ID,83646

Investment Highlights

Investment property for sale in Meridian at 4320 N Locust Grove Rd, Meridian, ID, 83646 offers a 6.99% rental yield on a $669,000 purchase with $3,896/mo rent. Total monthly income registers $3,896/mo, and a $3,274/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $573/yr on $220,101 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $4,317/yr while 5% annual appreciation supports $184,832 over five years. Portfolio math shows five-year ROI at 104.44% and total cumulative return in cash at $229,863. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,896/mo property income against a $3,274/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.