14236 S Summit Crest Ln, Herriman, UT, 84096 | 4.89% Rental Yield

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14236 S Summit Crest Ln, Herriman, UT, 84096 | 4.89% Rental Yield | Ziffy

For Sale

Listed for sale 7 days ago

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

Investment property for sale in Herriman at 14236 S Summit Crest Ln, Herriman, UT, 84096 earns from $4,068/mo rent with a $4,885/mo payment. Total monthly income totals $4,068/mo. ROI tracks 13.55% on current figures, and rental yield reads 4.89% at a $998,000 purchase. Equity gained on principal adds $6,440/yr, and 5% annual appreciation supports $275,729 over five years. Five-year ROI reaches 68.27% and total cumulative return in cash sums $224,160. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,068/mo property income instead of your personal income.

Single Family

Built in 2021

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Executive level home located in Herriman Utah. The beautifully appointed kitchen has all top of the line stainless steel appliances, granite counter tops and a large center island for food prep or casual dining. The kitchen flows into a large open space living room with sweeping views of the Wasatch front. From this large open area you can design your living space around the large rock faced gas fireplace. A semi-formal dining room can be set up on the other side of the living room which continues to provide sweeping view to the East. Fully automatic solar shades throughout living room cut the bright sunlight while providing views to the outside. The primary bedroom has large windows which continue with views to the East. Automatic full darkening shades are provided for those that like to sleep in on a bright morning. Attached to the primary bedroom is a full sized bath right out of architectural digest complete with a stand-alone tub and walk-in shower. The primary suite finishes with a full size walk in closet. The downstairs consists of additional bedrooms plus a large open space great room that can be used as a family room, TV viewing, or a game room.The utility, laundry room is equipped with commercial washer and dryer plus ample storage, and separate closet for the heavy winter jackets. Leading from the laundry room takes you to a full size four car garage (approx 39'deep 22' wide). If you are looking to get away from the hustle and bustle of downtown SLC and yet still be close to the airport, tech centers, and mountain skiing look no further than Herriman. Just a few short miles is the Yellow Fork recreation area that provides miles of hiking & mountain biking trails. Also located in Herriman is the JL Sorenson fitness center that offers a world class aquatic center, conditioning equipment and group classes. Square footage figures are provided as a courtesy estimate only and were obtained from appraisal . Buyer is advised to obtain an independent measurement.