1058 W 820 S #202RichfieldUT84701
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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 Richfield at 1058 W 820 S #202, Richfield, UT, 84701 listed at $259,000 pairs $1,272/mo rent with a $1,268/mo payment. Total monthly income runs $1,272/mo. Return on cash invested measures 16.47% in year one, and rental yield registers 5.89% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 83.97% and total cumulative return in cash totals $72,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,272/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84701, Richfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,557 (100%) |
| Owner Occupied HU | 2,191 (61.6%) |
| Renter Occupied HU | 1,022 (28.7%) |
| Vacant Housing Units | 344 ( 9.7%) |
| Median Home Value | $348,038 |
| Average Home Value | $391,624 |
Housing Distribution
Address Breakdown
Residential
3,244
Single Family
3,166
Multi-Family
78
Businesses
533
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