1501 Monroe Blvd APT 96OgdenUT84404
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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
Total monthly income runs $1,595/mo, and a $1,322/mo payment. Purchase price stands at $270,000, and rental yield measures 7.09% with $1,595/mo rent. Return on cash invested shows 17.52% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 90.53% and total cumulative return in cash records $81,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,595/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Multi Family
Built in 1995
3,484 sqft lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84404, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,012 (100%) |
| Owner Occupied HU | 17,737 (70.9%) |
| Renter Occupied HU | 6,330 (25.3%) |
| Vacant Housing Units | 945 ( 3.8%) |
| Median Home Value | $460,276 |
| Average Home Value | $499,908 |
Housing Distribution
Address Breakdown
Residential
23,580
Single Family
22,951
Multi-Family
629
Businesses
1,208
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Listed by: Jerrica Long • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2074286
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-04-02 11:35:16 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)