175 W Wolverine CrkElk RidgeUT84651
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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 Elk Ridge at 175 W Wolverine Crk, Elk Ridge, UT, 84651 priced at $655,000 converts $3,440/mo rent into after a $3,206/mo obligation. Total monthly income equals $3,440/mo. Return on cash invested prints 17.84% in year one, and rental yield reads 6.3% against a $655,000 entry. Equity gained on principal adds $4,227/yr, while 5% annual appreciation compiles into $180,964 by year five. Five-year ROI reaches 91.26% and total cumulative return in cash sums $196,655. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,440/mo property income covering a $3,206/mo payment, not borrower’s personal income.
Single Family
Built in 2013
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84651, Payson, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,360 (100%) |
| Owner Occupied HU | 7,284 (77.8%) |
| Renter Occupied HU | 1,834 (19.6%) |
| Vacant Housing Units | 242 ( 2.6%) |
| Median Home Value | $558,916 |
| Average Home Value | $577,660 |
Housing Distribution
Address Breakdown
Residential
9,555
Single Family
9,551
Multi-Family
4
Businesses
510
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