5825 W Mikonos StMeridianID83646
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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 5825 W Mikonos St, Meridian, ID, 83646 priced at $489,990 converts $3,054/mo rent into $181/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,054/mo, and annual cash flow totals $2,175/yr on $162,432 invested. Return on cash invested prints 21.25% in year one, and rental yield reads 7.48% against a $489,990 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,375 by year five. Five-year ROI reaches 109.62% and total cumulative return in cash sums $178,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,054/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,755 sqft lot
$N/A/sqft
$650 annually HOA
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Listed by: Macy Campbell • CBH Sales & Marketing Inc
Mls Name: IMLS
Mls Provider:
Mls ID: #98938154
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.