11523 E Cliffrose Dr UNIT 1692Heber CityUT84032
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 11523 E Cliffrose Dr UNIT 1692, Heber City, UT, 84032 in Heber City worth study. Rental yield 5.66%. The 5.66% gross yield is below cash-flow benchmarks at $525,000, but 5% annual appreciation, adding $145,048 over five years, frames this as a capital growth position. Rent of $2,477/mo partially offsets the $2,361/mo payment. Ziffy Mortgage finances appreciation-play properties (1.05 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $151,060.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 6.2% |
| Monthly Cash Flow | $(744) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,477 |
| Total Monthly Debt Service | $3,012 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1983
0.61 Acres lot
$N/A/sqft
$1,723 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84032, Heber City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,398 (100%) |
| Owner Occupied HU | 6,867 (66.0%) |
| Renter Occupied HU | 1,938 (18.6%) |
| Vacant Housing Units | 1,593 (15.3%) |
| Median Home Value | $797,026 |
| Average Home Value | $923,491 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
8,375
Multi-Family
819
Businesses
909
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
Single Family
Built in 1983
0.61 Acres lot
$N/A/sqft
$1,723 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84032, Heber City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,398 (100%) |
| Owner Occupied HU | 6,867 (66.0%) |
| Renter Occupied HU | 1,938 (18.6%) |
| Vacant Housing Units | 1,593 (15.3%) |
| Median Home Value | $797,026 |
| Average Home Value | $923,491 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
8,375
Multi-Family
819
Businesses
909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Summers • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2017760
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-18 11:45:52 PST. 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)