4446 S Carina WayMeridianID83642
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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 4446 S Carina Way, Meridian, ID, 83642 offers $3,139/mo rent that, after a $3,058/mo payment. Total monthly income is $3,139/mo. Return on cash invested measures 17.11% in year one, and rental yield stands at 6.03% at a $624,800 entry. Equity gained on principal adds $4,032/yr while 5% annual appreciation compounds into $172,621 by year five. Five-year ROI records 87.36% and total cumulative return in cash reaches $179,578. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,139/mo property income versus a $3,058/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
7,840 sqft lot
$N/A/sqft
$595 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83642, Meridian, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,815 (100%) |
| Owner Occupied HU | 18,304 (63.5%) |
| Renter Occupied HU | 8,350 (29.0%) |
| Vacant Housing Units | 2,161 ( 7.5%) |
| Median Home Value | $613,863 |
| Average Home Value | $648,071 |
Housing Distribution
Address Breakdown
Residential
26,118
Single Family
24,576
Multi-Family
1,542
Businesses
2,346
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Listed by: Celeste Blackburn • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98947312
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.