4588 N Alameda Creek 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 4588 N Alameda Creek Ave, Meridian, ID, 83646 priced at $599,900 pairs $3,814/mo rent with $296/mo cash flow after a $2,936/mo payment. Total monthly income equals $3,814/mo, and annual cash flow comes to $3,557/yr on $197,367 invested. Return on cash invested is 21.86% in year one, and rental yield stands at 7.63% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 112.87% and total cumulative return in cash reaches $222,760. For financing, Ziffy Mortgage’s DSCR program evaluates $3,814/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
5,749 sqft lot
$N/A/sqft
$400 semi-annually HOA
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Listed by: Lorin Peterson • Silvercreek Realty Group
Mls Name: IMLS
Mls Provider:
Mls ID: #98938771
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.