2304 W Rim Rock Dr SStocktonUT84071
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
Investment property for sale in Stockton at 2304 W Rim Rock Dr S, Stockton, UT, 84071 uses $190,820 cash to close to unlock $1,744/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $3,545/mo, and a $2,839/mo payment keeps the spread at $145/mo. Purchase price stands at $580,000, and rental yield measures 7.33% with $3,545/mo rent. Return on cash invested shows 20.97% in year one, and 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 108.09% and total cumulative return in cash records $206,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,545/mo property income covering a $2,839/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84071, Stockton, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 641 (100%) |
| Owner Occupied HU | 563 (87.8%) |
| Renter Occupied HU | 32 ( 5.0%) |
| Vacant Housing Units | 46 ( 7.2%) |
| Median Home Value | $476,141 |
| Average Home Value | $526,874 |
Housing Distribution
Address Breakdown
Residential
29
Single Family
29
Multi-Family
0
Businesses
15
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Listed by: Roz Riley • Deseret Peak Realty LC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2019496
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 11:32:55 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)