117 E Calbourne Ln UNIT I4SandyUT84070
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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 Sandy at 117 E Calbourne Ln UNIT I4, Sandy, UT, 84070 uses $119,307 cash to close to unlock $2,209/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $2,294/mo, and a $1,762/mo payment keeps the spread at $184/mo. Purchase price stands at $359,900, and rental yield measures 7.65% with $2,294/mo rent. Return on cash invested shows 21.76% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 112.36% and total cumulative return in cash records $134,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,294/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Condo
Built in 2008
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84070, Sandy, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,560 (100%) |
| Owner Occupied HU | 6,361 (50.6%) |
| Renter Occupied HU | 5,582 (44.4%) |
| Vacant Housing Units | 617 ( 4.9%) |
| Median Home Value | $539,215 |
| Average Home Value | $563,567 |
Housing Distribution
Address Breakdown
Residential
12,485
Single Family
8,985
Multi-Family
3,500
Businesses
2,050
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