15 E Lake Fork Rd S #15FairviewUT84629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fairview at 15 E Lake Fork Rd S #15, Fairview, UT, 84629 uses $107,738 cash to close to unlock $13,138/yr annual cash flow and $1,095/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,591/mo payment keeps the spread at $1,095/mo. Purchase price stands at $325,000, and rental yield measures 11.08% with $3,000/mo rent. Return on cash invested shows 32.1% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 167.81% and total cumulative return in cash records $180,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1974
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84629, Fairview, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,846 (100%) |
| Owner Occupied HU | 892 (48.3%) |
| Renter Occupied HU | 94 ( 5.1%) |
| Vacant Housing Units | 860 (46.6%) |
| Median Home Value | $485,714 |
| Average Home Value | $520,922 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
962
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices