942 E Brown Bear Ct,Meridian,ID,83646

Investment Highlights

Investment property for sale in Meridian at 942 E Brown Bear Ct, Meridian, ID, 83646 listed at $464,999 pairs $3,104/mo rent with a $2,276/mo payment to leave $429/mo cash flow. Total monthly income runs $3,104/mo, and annual cash flow reaches $5,147/yr on $154,147 cash to close. Return on cash invested measures 23.25% in year one, and rental yield registers 8.01% at a $464,999 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 120.16% and total cumulative return in cash totals $185,231. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,104/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).