1463 E 12300 NCoveUT84320
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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 Cove at 1463 E 12300 N, Cove, UT, 84320 generates $1,958/mo in rent, after a $1,840/mo payment. Total monthly income is $1,958/mo. Return on cash invested sits at 17.55% in year one, and rental yield is 6.25% on a $376,000 entry. Equity gained on principal adds $2,426/yr, while 5% annual appreciation builds toward $103,882 over five years. Five-year ROI reaches 89.75% and total cumulative return in cash sums $111,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,958/mo property income rather than buyer’s personal income.
Single Family
Built in 1894
262 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84320, Lewiston, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 834 (100%) |
| Owner Occupied HU | 648 (77.7%) |
| Renter Occupied HU | 157 (18.8%) |
| Vacant Housing Units | 29 ( 3.5%) |
| Median Home Value | $479,000 |
| Average Home Value | $534,784 |
Housing Distribution
Address Breakdown
Residential
735
Single Family
735
Multi-Family
0
Businesses
43
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