5877 W Sprig DrMeridianID83646
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 5877 W Sprig Dr, Meridian, ID, 83646 in Meridian the bet is firmly on appreciation. Rental yield 5.19%. The 5.19% gross yield on a $696,990 price is below income-first thresholds, but 5%/yr value growth projects $192,565 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.96) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $194,949.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 5.5% |
| Monthly Cash Flow | $(1,062) | $385 |
City averages based on Meridian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,014 |
| Total Monthly Debt Service | $3,799 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2026
8,276 sqft lot
$N/A/sqft
$800 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 2026
8,276 sqft lot
$N/A/sqft
$800 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ariana Alfaro • Hubble Homes, LLC
Mls Name: IMLS
Mls Provider:
Mls ID: #98968711
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.