198 Mountain Meadow DrGrantsvilleUT84029
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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 Grantsville at 198 Mountain Meadow Dr, Grantsville, UT, 84029 offers $1,982/mo rent that, after a $3,764/mo payment. Total monthly income is $1,982/mo. Return on cash invested measures 8.08% in year one, and rental yield stands at 3.09% at a $769,000 entry. Equity gained on principal adds $4,962/yr while 5% annual appreciation compounds into $212,461 by year five. Five-year ROI records 38.95% and total cumulative return in cash reaches $98,539. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,982/mo property income versus a $3,764/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84029, Grantsville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,045 (100%) |
| Owner Occupied HU | 4,223 (83.7%) |
| Renter Occupied HU | 655 (13.0%) |
| Vacant Housing Units | 167 ( 3.3%) |
| Median Home Value | $492,660 |
| Average Home Value | $509,233 |
Housing Distribution
Address Breakdown
Residential
4,475
Single Family
4,475
Multi-Family
0
Businesses
201
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Listed by: David Eggett • Century 21 Everest
Mls Name: UtahRealEstate.com
Mls ID: #2115252