151 E Southwell St APT 9OgdenUT84404
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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 Ogden at 151 E Southwell St APT 9, Ogden, UT, 84404 offers a 9.16% rental yield on a $260,000 purchase with $1,984/mo rent. Total monthly income registers $1,984/mo, and a $1,273/mo payment leaves $300/mo available for distribution. Annual cash flow reaches $3,596/yr on $86,190 to close, and return on cash invested stands at 24.08% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 125.6% and total cumulative return in cash at $108,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,984/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$160 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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