1300 E Lorl Ln #2OgdenUT84404
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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 1300 E Lorl Ln #2, Ogden, UT, 84404 offers a 7.66% rental yield on a $240,000 purchase with $1,532/mo rent. Total monthly income registers $1,532/mo, and a $1,175/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,500/yr on $79,560 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 112.52% and total cumulative return in cash at $89,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,532/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
3,049 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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