1220 E 1015 SFruit HeightsUT84037
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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 Fruit Heights at 1220 E 1015 S, Fruit Heights, UT, 84037 generates $2,616/mo in rent and, after a $1,713/mo payment, leaves $565/mo in cash flow. Total monthly income is $2,616/mo, and annual cash flow is $6,776/yr on $116,025 invested. Return on cash invested sits at 25.75% in year one, and rental yield is 8.97% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 133.73% and total cumulative return in cash sums $155,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,616/mo property income rather than buyer’s personal income.
Townhouse
Built in 1972
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84037, Kaysville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,554 (100%) |
| Owner Occupied HU | 9,756 (84.4%) |
| Renter Occupied HU | 1,572 (13.6%) |
| Vacant Housing Units | 226 ( 2.0%) |
| Median Home Value | $672,192 |
| Average Home Value | $719,201 |
Housing Distribution
Address Breakdown
Residential
11,627
Single Family
11,298
Multi-Family
329
Businesses
819
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Listed by: Chad Buttars • Utah Executive Real Estate LC
Mls Name: UtahRealEstate.com
Mls ID: #2122294