1090 N Shepard Creek Pkwy UNIT 6FarmingtonUT84025
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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 Farmington at 1090 N Shepard Creek Pkwy UNIT 6, Farmington, UT, 84025 offers a 7.01% rental yield on a $359,900 purchase with $2,101/mo rent. 82% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 101.97% and total cumulative return in cash at $121,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,101/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2009
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84025, Farmington, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 6,104 (75.0%) |
| Renter Occupied HU | 1,816 (22.3%) |
| Vacant Housing Units | 221 ( 2.7%) |
| Median Home Value | $726,006 |
| Average Home Value | $806,631 |
Housing Distribution
Address Breakdown
Residential
7,914
Single Family
7,666
Multi-Family
248
Businesses
580
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Listed by: Ryan J Ivie • RE/MAX Associates
Mls Name: UtahRealEstate.com
Mls ID: #2123858