1289 31st StOgdenUT84403
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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 1289 31st St, Ogden, UT, 84403 uses $212,863 cash to close to unlock $235/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $3,812/mo, and a $3,167/mo payment keeps the spread at $20/mo. Purchase price stands at $647,000, and rental yield measures 7.07% with $3,812/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $178,754 over five years. Five-year ROI reaches 103.78% and total cumulative return in cash records $220,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,812/mo property income covering a $3,167/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84403, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,702 (100%) |
| Owner Occupied HU | 9,162 (62.3%) |
| Renter Occupied HU | 4,954 (33.7%) |
| Vacant Housing Units | 586 ( 4.0%) |
| Median Home Value | $519,613 |
| Average Home Value | $601,892 |
Housing Distribution
Address Breakdown
Residential
14,015
Single Family
13,060
Multi-Family
955
Businesses
731
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