1511 W Leonardo Ln UNIT AWest ValleyUT84119
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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 West Valley at 1511 W Leonardo Ln UNIT A, West Valley, UT, 84119 uses $132,600 cash to close to unlock $2,224/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $2,530/mo, and a $1,958/mo payment keeps the spread at $185/mo. Purchase price stands at $400,000, and rental yield measures 7.59% with $2,530/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 111.42% and total cumulative return in cash records $147,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84119, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,618 (100%) |
| Owner Occupied HU | 9,146 (46.6%) |
| Renter Occupied HU | 9,500 (48.4%) |
| Vacant Housing Units | 972 ( 5.0%) |
| Median Home Value | $412,246 |
| Average Home Value | $421,854 |
Housing Distribution
Address Breakdown
Residential
17,687
Single Family
14,006
Multi-Family
3,681
Businesses
1,892
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Listed by: K. Wayne Davis • ERA Brokers Consolidated (Utah County)
Mls Name: UtahRealEstate.com
Mls ID: #2120586