13597 S Firetip Ct, Herriman, UT, 84096 | 5.35% Rental Yield

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13597 S Firetip Ct, Herriman, UT, 84096 | 5.35% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Herriman at 13597 S Firetip Ct, Herriman, UT, 84096 generates $3,120/mo in rent, after a $3,426/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 14.94% in year one, and rental yield is 5.35% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 75.73% and total cumulative return in cash sums $174,412. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.

Single Family

Built in 2004

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Spacious 5-Bedroom Home with Stunning Views, Private Office, and Income-Generating Mother-in-Law Apartment Welcome to your dream home - a perfect blend of comfort, function, and opportunity! This 5-bedroom, 3.5-bath residence with a dedicated home office offers breathtaking views and exceptional versatility for modern living. The bright, open main level features a welcoming living space, well-appointed kitchen, and large windows that frame the scenery. Upstairs, generously sized bedrooms provide comfort for everyone, while the private primary suite offers a peaceful retreat. The fully finished mother-in-law apartment has a proven track record as a successful Airbnb for the last 5 years, generating a steady $1,800$2,000 per month - ideal for extra income or multi-generational living. All furnishings, appliances, and decor in the Air Bnb are included in the sale. Step outside to your backyard paradise - a huge sandbox, playground, trampoline, garden boxes, and a chicken coop create endless opportunities for play, learning, and outdoor enjoyment. There's plenty of space to host barbecues, plant vegetables, or simply relax and take in the view. Square footage figures are provided as a courtesy estimate only and were obtained from tax data. Buyer is advised to obtain an independent measurement.