5627 N Morpheus Pl, Meridian, ID, 83646 | 4.06% Rental Yield

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Meridian at 5627 N Morpheus Pl, Meridian, ID, 83646 generates $3,634/mo in rent, after a $5,257/mo payment. Total monthly income is $3,634/mo. Return on cash invested sits at 11.59% in year one, and rental yield is 4.06% on a $1,074,000 entry. Equity gained on principal adds $6,930/yr, while 5% annual appreciation builds toward $296,726 over five years. Five-year ROI reaches 57.58% and total cumulative return in cash sums $200,357. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,634/mo property income rather than buyer’s personal income.

Single Family

Built in 2008

9,888 sqft lot

$N/A/sqft

No HOA