6029 N Serenity LnMeridianID83646
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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 6029 N Serenity Ln, Meridian, ID, 83646 priced at $1,088,000 pairs $3,754/mo rent with after a $5,325/mo payment. Total monthly income equals $3,754/mo. Return on cash invested is 11.73% in year one, and rental yield stands at 4.14% on a $1,088,000 basis. Equity gained on principal adds $7,021/yr, and 5% annual appreciation accumulates to $300,594 by year five. Five-year ROI measures 58.33% and total cumulative return in cash reaches $205,628. For financing, Ziffy Mortgage’s DSCR program evaluates $3,754/mo property income against a $5,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
1.06 Acres lot
$N/A/sqft
$400 annually HOA
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Listed by: Leslie Newman • Boise Premier Real Estate
Mls Name: IMLS
Mls Provider:
Mls ID: #98940994
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.