1510 W Elk Ridge DrAltonUT84710
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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 Alton at 1510 W Elk Ridge Dr, Alton, UT, 84710 earns from $2,530/mo rent with a $2,325/mo payment. Total monthly income totals $2,530/mo. ROI tracks 17.76% on current figures, and rental yield reads 6.39% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 90.95% and total cumulative return in cash sums $143,215. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,530/mo property income instead of your personal income.
Single Family
Built in 1994
0.50 Acres lot
$N/A/sqft
$340 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84710, Alton, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,031 (100%) |
| Owner Occupied HU | 193 ( 9.5%) |
| Renter Occupied HU | 55 ( 2.7%) |
| Vacant Housing Units | 1,783 (87.8%) |
| Median Home Value | $464,545 |
| Average Home Value | $634,909 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
0
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Listed by: Landon Anglin • Re/Max Properties
Mls Name: WCBR
Mls ID: #25-262907
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.