Townhouse Investment Properties for Sale in Meridian, ID
Listed for sale 4 days ago
$ 410,000
ROI
21.6
Cash Flow/m
207- 3 Bed
- 2 Bath
- 1357 sft
2834 E Clarene Dr, Meridian, ID, 83646
Listed for sale 7 days ago
$ 399,900
ROI
22.0Cash Flow/m
250- 3 Bed
- 3 Bath
- 1710 sft
391 N Traquair Ln, Meridian, ID, 83642
$ 389,000
ROI
21.8Cash Flow/m
223- 2 Bed
- 2 Bath
- 1160 sft
3308 W Moon Lake Ln, Meridian, ID, 83646
$ 389,990
ROI
23.9Cash Flow/m
445- 3 Bed
- 3 Bath
- 1604 sft
862 W Woodpine St, Meridian, ID, 83646
Why Invest in Meridian, Idaho?
Meridian, ID townhouses offer strong investment potential in a fast-growing Boise suburb with steady population influx. Average rents around $2,000 support solid cash flows for townhouse investors targeting family renters. Cap rates hover at 5-6% amid low vacancy and consistent appreciation from economic expansion. Renter occupancy exceeds 35%, bolstered by major employers and infrastructure upgrades. Townhouses appeal to workforce housing needs with HOA amenities reducing maintenance costs.
7.2%
Avg. ROI
5.8%
Rental Yield
5.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$2033/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Average townhouse rent in Meridian is about $2,033 monthly. Prices range from $1,250 to $4,000 based on size and amenities. Family-oriented units command higher rates.
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