1223 Oak StOgdenUT84401
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.4% yield at 1223 Oak St, Ogden, UT, 84401 in Ogden is solid, but the $1,753/mo payment compresses net cash flow to $110/mo at $389,800. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $107,695 by year five, and $3,590/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.37) without U.S. income documentation. Total projected return: $154,412.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $110 | $450 |
City averages based on Ogden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,405 |
| Total Monthly Debt Service | $2,140 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84401, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,782 (100%) |
| Owner Occupied HU | 11,030 (55.8%) |
| Renter Occupied HU | 7,369 (37.3%) |
| Vacant Housing Units | 1,383 ( 7.0%) |
| Median Home Value | $499,964 |
| Average Home Value | $563,384 |
Housing Distribution
Address Breakdown
Residential
19,062
Single Family
17,020
Multi-Family
2,042
Businesses
1,847
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
Single Family
Built in 1951
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84401, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,782 (100%) |
| Owner Occupied HU | 11,030 (55.8%) |
| Renter Occupied HU | 7,369 (37.3%) |
| Vacant Housing Units | 1,383 ( 7.0%) |
| Median Home Value | $499,964 |
| Average Home Value | $563,384 |
Housing Distribution
Address Breakdown
Residential
19,062
Single Family
17,020
Multi-Family
2,042
Businesses
1,847
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices