6114 N Spurwing WayMeridianID83646
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 6114 N Spurwing Way, Meridian, ID, 83646 in Meridian is straightforward: $599,990 in, $4,114/mo in rent, $608/mo out after debt service. The 8.23% gross yield and 1.52 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $165,766 by year five. With $5,526/yr in principal equity, the total cumulative return is projected at $265,733.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.5% |
| Monthly Cash Flow | $608 | $385 |
City averages based on Meridian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,114 |
| Total Monthly Debt Service | $3,267 |
| DSCR Ratio | 1.26x |
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 2010
5,662 sqft lot
$N/A/sqft
$650 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 2010
5,662 sqft lot
$N/A/sqft
$650 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Wolford • Keller Williams Realty Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98979420
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.