13275 S Minuteman Dr SPACE 161DraperUT84020
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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
Rental property for sale in Draper at 13275 S Minuteman Dr SPACE 161, Draper, UT, 84020 generates $845/mo in rent and, after a $538/mo payment, leaves $201/mo in cash flow. Total monthly income is $845/mo, and annual cash flow is $2,408/yr on $36,465 invested. Return on cash invested sits at 26.51% in year one, and rental yield is 9.22% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 137.88% and total cumulative return in cash sums $50,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $845/mo property income rather than buyer’s personal income.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84020, Draper, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,895 (100%) |
| Owner Occupied HU | 11,559 (64.6%) |
| Renter Occupied HU | 5,608 (31.3%) |
| Vacant Housing Units | 728 ( 4.1%) |
| Median Home Value | $820,190 |
| Average Home Value | $909,367 |
Housing Distribution
Address Breakdown
Residential
18,061
Single Family
13,777
Multi-Family
4,284
Businesses
2,342
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Listed by: Kenny Parcell • Equity Real Estate (Utah)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2020044
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-14 05:55:52 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)