1048 E Lafayette StSandyUT84094
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
Rental property for sale in Sandy at 1048 E Lafayette St, Sandy, UT, 84094 priced at $617,953 pairs $3,149/mo rent with after a $3,025/mo payment. Total monthly income equals $3,149/mo. Return on cash invested is 17.27% in year one, and rental yield stands at 6.12% on a $617,953 basis. Equity gained on principal adds $3,988/yr, and 5% annual appreciation accumulates to $170,729 by year five. Five-year ROI measures 88.2% and total cumulative return in cash reaches $179,324. For financing, Ziffy Mortgage’s DSCR program evaluates $3,149/mo property income against a $3,025/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84094, Sandy, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,017 (100%) |
| Owner Occupied HU | 7,163 (71.5%) |
| Renter Occupied HU | 2,667 (26.6%) |
| Vacant Housing Units | 187 ( 1.9%) |
| Median Home Value | $585,294 |
| Average Home Value | $613,428 |
Housing Distribution
Address Breakdown
Residential
9,751
Single Family
8,671
Multi-Family
1,080
Businesses
375
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Nearby investment properties with comparable prices
Listed by: Lynn C Fillmore • Town & Country Apollo Properties, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2022123
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 15:02:33 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)