1196 E Waterside Cv S #11MidvaleUT84047
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 Midvale at 1196 E Waterside Cv S #11, Midvale, UT, 84047 listed at $255,000 pairs $1,572/mo rent with a $1,248/mo payment. Total monthly income runs $1,572/mo. Return on cash invested measures 18.17% in year one, and rental yield registers 7.4% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 94.14% and total cumulative return in cash totals $79,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,572/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84047, Midvale, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,819 (100%) |
| Owner Occupied HU | 6,505 (41.1%) |
| Renter Occupied HU | 8,750 (55.3%) |
| Vacant Housing Units | 564 ( 3.6%) |
| Median Home Value | $549,228 |
| Average Home Value | $573,156 |
Housing Distribution
Address Breakdown
Residential
16,220
Single Family
12,095
Multi-Family
4,125
Businesses
1,490
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Listed by: Celeste Lopez • Realtypath LLC (South Valley)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2098579
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-07-17 11:51:06 PDT. 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](/mls-disclaimers/#319)