1018 S 220 WLoganUT84321
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1018 S 220 W, Logan, UT, 84321 in Logan at $356,600 earns $2,216/mo in rent and nets $126/mo after the $1,604/mo payment, a 7.46% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $98,522 over five years. Ziffy Mortgage underwrites this on a 1.38 DSCR without U.S. credit history. With $3,284/yr in principal paydown, total projected return reaches $142,886.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.5% |
| Monthly Cash Flow | $126 | $1,250 |
City averages based on Logan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,216 |
| Total Monthly Debt Service | $1,948 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2010
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84321, Logan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,496 (100%) |
| Owner Occupied HU | 8,729 (47.2%) |
| Renter Occupied HU | 8,614 (46.6%) |
| Vacant Housing Units | 1,153 ( 6.2%) |
| Median Home Value | $415,839 |
| Average Home Value | $463,128 |
Housing Distribution
Address Breakdown
Residential
17,310
Single Family
15,745
Multi-Family
1,565
Businesses
1,340
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
Townhouse
Built in 2010
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84321, Logan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,496 (100%) |
| Owner Occupied HU | 8,729 (47.2%) |
| Renter Occupied HU | 8,614 (46.6%) |
| Vacant Housing Units | 1,153 ( 6.2%) |
| Median Home Value | $415,839 |
| Average Home Value | $463,128 |
Housing Distribution
Address Breakdown
Residential
17,310
Single Family
15,745
Multi-Family
1,565
Businesses
1,340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices