1559 W 50 NPleasant GroveUT84062
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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 Pleasant Grove at 1559 W 50 N, Pleasant Grove, UT, 84062 earns from $2,140/mo rent with a $1,835/mo payment. Total monthly income totals $2,140/mo. ROI tracks 19.35% on current figures, and rental yield reads 6.85% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 99.45% and total cumulative return in cash sums $123,627. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,140/mo property income instead of your personal income.
Condo
Built in 2004
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84062, Pleasant Grove, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,331 (100%) |
| Owner Occupied HU | 9,820 (68.5%) |
| Renter Occupied HU | 4,253 (29.7%) |
| Vacant Housing Units | 258 ( 1.8%) |
| Median Home Value | $608,955 |
| Average Home Value | $658,576 |
Housing Distribution
Address Breakdown
Residential
14,303
Single Family
14,030
Multi-Family
273
Businesses
1,222
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Listed by: Rodger Jessop • RE/MAX Associates
Mls Name: UtahRealEstate.com
Mls ID: #2115020