228 N Loring AveSantaquinUT84655
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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 Santaquin at 228 N Loring Ave, Santaquin, UT, 84655 offers $2,077/mo rent that, after a $1,783/mo payment. Total monthly income is $2,077/mo. Return on cash invested measures 19.33% in year one, and rental yield stands at 6.84% at a $364,200 entry. Equity gained on principal adds $2,350/yr while 5% annual appreciation compounds into $100,622 by year five. Five-year ROI records 99.31% and total cumulative return in cash reaches $119,900. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,077/mo property income versus a $1,783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84655, Santaquin, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,666 (100%) |
| Owner Occupied HU | 4,980 (87.9%) |
| Renter Occupied HU | 515 ( 9.1%) |
| Vacant Housing Units | 171 ( 3.0%) |
| Median Home Value | $566,233 |
| Average Home Value | $620,454 |
Housing Distribution
Address Breakdown
Residential
5,257
Single Family
5,257
Multi-Family
0
Businesses
154
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