2242 S Beachcomber LnGarden CityUT84028
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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 Garden City at 2242 S Beachcomber Ln, Garden City, UT, 84028 offers $3,473/mo rent that, after a $2,814/mo payment, leaves $103/mo cash flow. Total monthly income is $3,473/mo, and annual cash flow is $1,238/yr on $189,175 cash. Return on cash invested measures 20.71% in year one, and rental yield stands at 7.25% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 106.71% and total cumulative return in cash reaches $201,875. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,473/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84028, Garden City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 328 (14.3%) |
| Renter Occupied HU | 82 ( 3.6%) |
| Vacant Housing Units | 1,887 (82.2%) |
| Median Home Value | $589,623 |
| Average Home Value | $601,303 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
108
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Listed by: Steve Perry • Equity Real Estate (Advantage)
Mls Name: UtahRealEstate.com
Mls ID: #2119080