124 E 1370 SFarmingtonUT84025
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 Farmington at 124 E 1370 S, Farmington, UT, 84025 earns from $1,578/mo rent with a $3,919/mo payment. Total monthly income totals $1,578/mo. ROI tracks 5.87% on current figures, and rental yield reads 2.37% at a $800,600 purchase. Equity gained on principal adds $5,166/yr, and 5% annual appreciation supports $221,191 over five years. Five-year ROI reaches 27.1% and total cumulative return in cash sums $71,380. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,578/mo property income instead of your personal income.
Condo
Built in 2023
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84025, Farmington, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 6,104 (75.0%) |
| Renter Occupied HU | 1,816 (22.3%) |
| Vacant Housing Units | 221 ( 2.7%) |
| Median Home Value | $726,006 |
| Average Home Value | $806,631 |
Housing Distribution
Address Breakdown
Residential
7,914
Single Family
7,666
Multi-Family
248
Businesses
580
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Nearby investment properties with comparable prices
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