Cascade 2800 Plan, Heritage Heights : Legacy,Meridian,ID,83646

Investment Highlights

Investment property for sale in Meridian at Cascade 2800 Plan, Heritage Heights: Legacy, Meridian, ID, 83646 uses $194,735 cash to close to unlock $3,431/yr annual cash flow and $286/mo monthly cash flow. Total monthly income runs $3,691/mo, and a $2,897/mo payment keeps the spread at $286/mo. Purchase price stands at $591,900, and rental yield measures 7.48% with $3,691/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $163,531 over five years. Five-year ROI reaches 112.49% and total cumulative return in cash records $219,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,691/mo property income covering a $2,897/mo payment rather than investor’s personal income.