Plan 1515 Plan, GraycliffMeridianID83642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Meridian at Plan 1515 Plan, Graycliff, Meridian, ID, 83642 at $392,990 posts ROI 23.41% with $380/mo cash flow from $2,640/mo rent. Total monthly income equals $2,640/mo, and annual cash flow records $4,556/yr on $130,276 to close. Return on cash invested measures 23.41% and rental yield reads 8.06% at the current $392,990. Equity gained on principal adds $2,536/yr, and 5% annual appreciation supports $108,576 by year five. Five-year ROI prints 121.02% and total cumulative return in cash totals $157,655.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83642, Meridian, ID area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,815 (100%) |
| Owner Occupied HU | 18,304 (63.5%) |
| Renter Occupied HU | 8,350 (29.0%) |
| Vacant Housing Units | 2,161 ( 7.5%) |
| Median Home Value | $613,863 |
| Average Home Value | $648,071 |
Housing Distribution
Address Breakdown
Residential
26,118
Single Family
24,576
Multi-Family
1,542
Businesses
2,346
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