203 E Jordan Ridge Blvd APT 205, Saratoga Springs, UT, 84045 | $82/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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203 E Jordan Ridge Blvd APT 205, Saratoga Springs, UT, 84045 | $82/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saratoga Springs at 203 E Jordan Ridge Blvd APT 205, Saratoga Springs, UT, 84045 uses $111,019 cash to close to unlock $987/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $2,045/mo, and a $1,639/mo payment keeps the spread at $82/mo. Purchase price stands at $334,900, and rental yield measures 7.33% with $2,045/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 107.21% and total cumulative return in cash records $119,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,045/mo property income covering a $1,639/mo payment rather than investor’s personal income.

Condo

Built in 2014

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

GREAT MID-LEVEL CONDO!! Welcome to your new home. CLEAN, well loved and kept! This conveniently located 3 bed, 2 bath home is minutes from the Lehi tech corridor, Costco, Pioneer Crossing, great dining, craft & sporting stores & theatres. Inside you'll find warm neutral colors to compliment any decor along with a NEW water heater, NEW tile in both bathrooms, all NEW lighting, NEWer carpet, a Brand NEW (non-fingerprint) stainless steel GE refrigerator (to be delivered 3 days after closing). Primary has a walk in closet. Big laundry room, fantastic kitchen with oodles of storage and a pantry. All garage shelving will stay. A large storage closet is annexed to the balcony/patio area. Square footage is based on tax information. Confirmation by buyer is recommended.