2120 N Morning Star Dr UNIT 5Saratoga SpringsUT84045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saratoga Springs at 2120 N Morning Star Dr UNIT 5, Saratoga Springs, UT, 84045 generates $1,948/mo in rent and, after a $1,415/mo payment, leaves $254/mo in cash flow. Total monthly income is $1,948/mo, and annual cash flow is $3,044/yr on $95,804 invested. Return on cash invested sits at 23.09% in year one, and rental yield is 8.09% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 119.46% and total cumulative return in cash sums $114,446. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,948/mo property income rather than buyer’s personal income.
Condo
Built in 2002
1,306 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelsey Flake • ERA Brokers Consolidated (Utah County)
Mls Name: UtahRealEstate.com
Mls ID: #2101348