1867 Homestead Farms Ln APT 1West Valley CityUT84119
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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 West Valley City at 1867 Homestead Farms Ln APT 1, West Valley City, UT, 84119 generates $2,238/mo in rent and, after a $1,757/mo payment, leaves $134/mo in cash flow. Total monthly income is $2,238/mo, and annual cash flow is $1,608/yr on $119,009 invested. Return on cash invested sits at 21.26% in year one, and rental yield is 7.48% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 109.63% and total cumulative return in cash sums $130,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,238/mo property income rather than buyer’s personal income.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84119, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,618 (100%) |
| Owner Occupied HU | 9,146 (46.6%) |
| Renter Occupied HU | 9,500 (48.4%) |
| Vacant Housing Units | 972 ( 5.0%) |
| Median Home Value | $412,246 |
| Average Home Value | $421,854 |
Housing Distribution
Address Breakdown
Residential
17,687
Single Family
14,006
Multi-Family
3,681
Businesses
1,892
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