1277 16th StOgdenUT84404
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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 Ogden at 1277 16th St, Ogden, UT, 84404 uses $140,887 cash to close to unlock $1,670/yr annual cash flow and $139/mo monthly cash flow. Total monthly income runs $2,630/mo, and a $2,080/mo payment keeps the spread at $139/mo. Purchase price stands at $424,999, and rental yield measures 7.43% with $2,630/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $117,419 over five years. Five-year ROI reaches 108.79% and total cumulative return in cash records $153,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,630/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84404, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,012 (100%) |
| Owner Occupied HU | 17,737 (70.9%) |
| Renter Occupied HU | 6,330 (25.3%) |
| Vacant Housing Units | 945 ( 3.8%) |
| Median Home Value | $460,276 |
| Average Home Value | $499,908 |
Housing Distribution
Address Breakdown
Residential
23,580
Single Family
22,951
Multi-Family
629
Businesses
1,208
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