1473 E Millcreek WayMillcreekUT84106
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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
Investment property for sale in Millcreek at 1473 E Millcreek Way, Millcreek, UT, 84106 listed at $989,000 pairs $3,306/mo rent with a $4,841/mo payment. Total monthly income runs $3,306/mo. Return on cash invested measures 10.87% in year one, and rental yield registers 4.01% at a $989,000 basis. Equity gained on principal adds $6,382/yr, and annual property appreciation at 5% supports $273,242 by year five. Five-year ROI tracks 53.91% and total cumulative return in cash totals $175,422. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,306/mo property income relative to a $4,841/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84106, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,216 (100%) |
| Owner Occupied HU | 8,641 (47.4%) |
| Renter Occupied HU | 8,146 (44.7%) |
| Vacant Housing Units | 1,429 ( 7.8%) |
| Median Home Value | $615,146 |
| Average Home Value | $660,681 |
Housing Distribution
Address Breakdown
Residential
16,566
Single Family
14,660
Multi-Family
1,906
Businesses
924
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