1212 E Waterside Cv APT 12Cottonwood HeightsUT84047
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 Cottonwood Heights at 1212 E Waterside Cv APT 12, Cottonwood Heights, UT, 84047 uses $91,162 cash to close to unlock $2,402/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $1,812/mo, and a $1,346/mo payment keeps the spread at $200/mo. Purchase price stands at $274,999, and rental yield measures 7.91% with $1,812/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash records $106,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,812/mo property income covering a $1,346/mo payment rather than investor’s 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Ethington • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2107655