1657 E Cherry LnFruit HeightsUT84037
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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 Fruit Heights at 1657 E Cherry Ln, Fruit Heights, UT, 84037 listed at $639,900 pairs $3,816/mo rent with a $3,132/mo payment to leave $65/mo cash flow. Total monthly income runs $3,816/mo, and annual cash flow reaches $785/yr on $210,527 cash to close. Return on cash invested measures 20.43% in year one, and rental yield registers 7.16% at a $639,900 basis. Equity gained on principal adds $4,129/yr, and annual property appreciation at 5% supports $176,793 by year five. Five-year ROI tracks 105.2% and total cumulative return in cash totals $221,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,816/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84037, Kaysville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,554 (100%) |
| Owner Occupied HU | 9,756 (84.4%) |
| Renter Occupied HU | 1,572 (13.6%) |
| Vacant Housing Units | 226 ( 2.0%) |
| Median Home Value | $672,192 |
| Average Home Value | $719,201 |
Housing Distribution
Address Breakdown
Residential
11,627
Single Family
11,298
Multi-Family
329
Businesses
819
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Listed by: Susan Yoshikawa-Torres • Coldwell Banker Realty (Station Park)
Mls Name: UtahRealEstate.com
Mls ID: #2118128