189 E Ross Dr SClearfieldUT84015
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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 Clearfield at 189 E Ross Dr S, Clearfield, UT, 84015 priced at $335,000 converts $2,350/mo rent into $386/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,350/mo, and annual cash flow totals $4,634/yr on $111,053 invested. Return on cash invested prints 24.08% in year one, and rental yield reads 8.42% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 124.81% and total cumulative return in cash sums $138,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,350/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1944
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84015, Clearfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,567 (100%) |
| Owner Occupied HU | 17,452 (71.0%) |
| Renter Occupied HU | 6,453 (26.3%) |
| Vacant Housing Units | 662 ( 2.7%) |
| Median Home Value | $491,684 |
| Average Home Value | $528,938 |
Housing Distribution
Address Breakdown
Residential
23,633
Single Family
21,918
Multi-Family
1,715
Businesses
845
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Listed by: Mikel Hale • KW Success Keller Williams Realty
Mls Name: UtahRealEstate.com
Mls ID: #2109597