1184 W Michaelsen WayWest JordanUT84088
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
Investment Highlights
Investment property for sale in West Jordan at 1184 W Michaelsen Way, West Jordan, UT, 84088 offers a 4.17% rental yield on a $1,039,000 purchase with $3,608/mo rent. 52% in year one. Equity gained on principal adds $6,705/yr while 5% annual appreciation supports $287,057 over five years. Portfolio math shows five-year ROI at 57.34% and total cumulative return in cash at $193,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,608/mo property income against a $5,085/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84088, West Jordan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,455 (100%) |
| Owner Occupied HU | 8,381 (62.3%) |
| Renter Occupied HU | 4,535 (33.7%) |
| Vacant Housing Units | 539 ( 4.0%) |
| Median Home Value | $572,833 |
| Average Home Value | $612,549 |
Housing Distribution
Address Breakdown
Residential
12,352
Single Family
10,190
Multi-Family
2,162
Businesses
1,069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Micah Mangrum • Windermere Real Estate
Mls Name: UtahRealEstate.com
Mls ID: #2120088