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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Layton at 1402 N Reid Dr W, Layton, UT, 84041 offers $2,400/mo rent that, after a $1,958/mo payment, leaves $55/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $664/yr on $132,600 cash. Return on cash invested measures 20.41% in year one, and rental yield stands at 7.2% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 105.12% and total cumulative return in cash reaches $139,384. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84041, Layton, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,106 (100%) |
| Owner Occupied HU | 12,704 (63.2%) |
| Renter Occupied HU | 6,618 (32.9%) |
| Vacant Housing Units | 784 ( 3.9%) |
| Median Home Value | $497,132 |
| Average Home Value | $531,084 |
Residential
19,157
Single Family
17,758
Multi-Family
1,399
Businesses
1,790
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Launie Belnap • Presidio Real Estate (South Valley)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2081078
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-05-01 12:18:50 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](/mls-disclaimers/#319)
