160 W Redmond Lake RdRedmondUT84652
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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 Redmond at 160 W Redmond Lake Rd, Redmond, UT, 84652 with 5% annual appreciation on a $585,000 basis while $2,688/mo rent supports operations. 44% in year one. Equity gained on principal adds $3,775/yr, and five-year appreciation sums $161,625 alongside rental yield of 5.51%. Five-year ROI measures 78.43% and total cumulative return in cash totals $150,954. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,688/mo property income versus a $2,863/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1922
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84652, Redmond, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 243 (73.2%) |
| Renter Occupied HU | 49 (14.8%) |
| Vacant Housing Units | 40 (12.0%) |
| Median Home Value | $318,548 |
| Average Home Value | $318,477 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
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