474 E Addeson St,Meridian,ID,83646

Investment Highlights

Rental property for sale in Meridian at 474 E Addeson St, Meridian, ID, 83646 generates $2,567/mo in rent and, after a $2,129/mo payment, leaves $65/mo in cash flow. Total monthly income is $2,567/mo, and annual cash flow is $777/yr on $144,169 invested. Return on cash invested sits at 20.45% in year one, and rental yield is 7.08% on a $434,900 entry. Equity gained on principal adds $2,806/yr, while 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 105.16% and total cumulative return in cash sums $151,613. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,567/mo property income rather than buyer’s personal income.