1705 S Bear Lake BlvdGarden CityUT84028
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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
Rental property for sale in Garden City at 1705 S Bear Lake Blvd, Garden City, UT, 84028 priced at $714,900 converts $3,161/mo rent into after a $3,499/mo obligation. Total monthly income equals $3,161/mo. Return on cash invested prints 14.81% in year one, and rental yield reads 5.31% against a $714,900 entry. Equity gained on principal adds $4,613/yr, while 5% annual appreciation compiles into $197,514 by year five. Five-year ROI reaches 75.03% and total cumulative return in cash sums $176,462. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,161/mo property income covering a $3,499/mo payment, not borrower’s personal income.
Single Family
Built in 1986
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84028, Garden City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 328 (14.3%) |
| Renter Occupied HU | 82 ( 3.6%) |
| Vacant Housing Units | 1,887 (82.2%) |
| Median Home Value | $589,623 |
| Average Home Value | $601,303 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
108
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