916 W Woodpine St,Meridian,ID,83646

Investment Highlights

Investment property for sale in Meridian at 916 W Woodpine St, Meridian, ID, 83646 listed at $389,990 pairs $2,555/mo rent with a $1,909/mo payment to leave $311/mo cash flow. Total monthly income runs $2,555/mo, and annual cash flow reaches $3,735/yr on $129,282 cash to close. Return on cash invested measures 22.8% in year one, and rental yield registers 7.86% at a $389,990 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,747 by year five. Five-year ROI tracks 117.78% and total cumulative return in cash totals $152,273. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,555/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).