1196 E Waterside Cv S #22MidvaleUT84047
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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 Midvale at 1196 E Waterside Cv S #22, Midvale, UT, 84047 earns $119/mo cash flow from $1,666/mo rent with a $1,292/mo payment. Total monthly income totals $1,666/mo, and annual cash flow totals $1,427/yr on $87,483 capital. ROI tracks 21.54% on current figures, and rental yield reads 7.58% at a $263,900 purchase. Equity gained on principal adds $1,703/yr, and 5% annual appreciation supports $72,911 over five years. Five-year ROI reaches 111.16% and total cumulative return in cash sums $97,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,666/mo property income instead of your personal income.
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
No 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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