11803 S Burkwood LnDraperUT84020
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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
Rental property for sale in Draper at 11803 S Burkwood Ln, Draper, UT, 84020 generates $4,015/mo in rent, after a $3,280/mo payment. Total monthly income is $4,015/mo. Return on cash invested sits at 19.99% in year one, and rental yield is 7.19% on a $670,200 entry. Equity gained on principal adds $4,325/yr, while 5% annual appreciation builds toward $185,164 over five years. Five-year ROI reaches 103.03% and total cumulative return in cash sums $227,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,015/mo property income rather than buyer’s personal income.
Condo
Built in 1998
6,534 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84020, Draper, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,895 (100%) |
| Owner Occupied HU | 11,559 (64.6%) |
| Renter Occupied HU | 5,608 (31.3%) |
| Vacant Housing Units | 728 ( 4.1%) |
| Median Home Value | $820,190 |
| Average Home Value | $909,367 |
Housing Distribution
Address Breakdown
Residential
18,061
Single Family
13,777
Multi-Family
4,284
Businesses
2,342
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