Mesa Plan, Edington,Meridian,ID,83646

Investment Highlights

Rental property for sale in Meridian at Mesa Plan, Edington, Meridian, ID, 83646 priced at $454,900 converts $3,085/mo rent into $360/mo cash flow after a $2,227/mo obligation. Total monthly income equals $3,085/mo, and annual cash flow totals $4,315/yr on $150,799 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 8.14% against a $454,900 entry. Equity gained on principal adds $2,935/yr, while 5% annual appreciation compiles into $125,680 by year five. Five-year ROI reaches 117.93% and total cumulative return in cash sums $177,836. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,085/mo property income covering a $2,227/mo payment, not borrower’s personal income.