898 E Segundo 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 898 E Segundo St, Meridian, ID, 83646 priced at $562,000 converts $2,981/mo rent into after a $2,751/mo obligation. Total monthly income equals $2,981/mo. Return on cash invested prints 18.02% in year one, and rental yield reads 6.37% against a $562,000 entry. Equity gained on principal adds $3,627/yr, while 5% annual appreciation compiles into $155,270 by year five. Five-year ROI reaches 92.25% and total cumulative return in cash sums $170,565. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,981/mo property income covering a $2,751/mo payment, not borrower’s personal income.
Single Family
Built in 2008
7,840 sqft lot
$N/A/sqft
$740 annually HOA
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Nearby investment properties with comparable prices
Listed by: Mary Ann Helton • Keller Williams Realty Boise
Mls Name: IMLS
Mls Provider:
Mls ID: #98942511
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.