15 W Rice Ln SFarmingtonUT84025
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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 Farmington at 15 W Rice Ln S, Farmington, UT, 84025 with 5% annual appreciation on a $550,000 basis while $2,728/mo rent supports operations. 77% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 5.95%. Five-year ROI measures 85.57% and total cumulative return in cash totals $154,834. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,728/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84025, Farmington, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 6,104 (75.0%) |
| Renter Occupied HU | 1,816 (22.3%) |
| Vacant Housing Units | 221 ( 2.7%) |
| Median Home Value | $726,006 |
| Average Home Value | $806,631 |
Housing Distribution
Address Breakdown
Residential
7,914
Single Family
7,666
Multi-Family
248
Businesses
580
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Listed by: Isabel M Araiza • Ranlife Real Estate Inc (Bountiful Branch)
Mls Name: UtahRealEstate.com
Mls ID: #2130700