1030 E Quail Vista Ct APT HMillcreekUT84117
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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 Millcreek at 1030 E Quail Vista Ct APT H, Millcreek, UT, 84117 uses $89,505 cash to close to unlock $3,540/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $1,878/mo, and a $1,322/mo payment keeps the spread at $295/mo. Purchase price stands at $270,000, and rental yield measures 8.35% with $1,878/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 123.61% and total cumulative return in cash records $110,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,878/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Condo
Built in 1978
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84117, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,713 (100%) |
| Owner Occupied HU | 6,830 (58.3%) |
| Renter Occupied HU | 4,124 (35.2%) |
| Vacant Housing Units | 759 ( 6.5%) |
| Median Home Value | $708,777 |
| Average Home Value | $823,925 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
8,354
Multi-Family
2,656
Businesses
1,171
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