4953 W Apgar StMeridianID83646
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderNot flashy, but dependably profitable, 4953 W Apgar St, Meridian, ID, 83646 in Meridian is listed at $455,000 and delivers $2,951/mo in rent and $275/mo in net monthly cash flow. The 7.78% yield and 1.44 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $125,708 over five years, and $4,191/yr in principal reduction supplements cash return. Total projected cumulative return: $189,658.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 5.5% |
| Monthly Cash Flow | $275 | $385 |
City averages based on Meridian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,951 |
| Total Monthly Debt Service | $2,495 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
5,445 sqft lot
$N/A/sqft
$700 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
5,445 sqft lot
$N/A/sqft
$700 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jadyn Berryhill • Ralston Group Properties, LLC
Mls Name: IMLS
Mls Provider:
Mls ID: #98954855
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