236 S Cherry St #230GrantsvilleUT84029
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 236 S Cherry St #230, Grantsville, UT, 84029 in Grantsville is capital appreciation. Rental yield 5.07%. The 5.07% gross yield at $709,990 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $196,157 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.94) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $193,458.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.2% |
| Monthly Cash Flow | $(1,161) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,000 |
| Total Monthly Debt Service | $3,879 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84029, Grantsville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,045 (100%) |
| Owner Occupied HU | 4,223 (83.7%) |
| Renter Occupied HU | 655 (13.0%) |
| Vacant Housing Units | 167 ( 3.3%) |
| Median Home Value | $492,660 |
| Average Home Value | $509,233 |
Housing Distribution
Address Breakdown
Residential
4,475
Single Family
4,475
Multi-Family
0
Businesses
201
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
Single Family
Built in 2025
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84029, Grantsville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,045 (100%) |
| Owner Occupied HU | 4,223 (83.7%) |
| Renter Occupied HU | 655 (13.0%) |
| Vacant Housing Units | 167 ( 3.3%) |
| Median Home Value | $492,660 |
| Average Home Value | $509,233 |
Housing Distribution
Address Breakdown
Residential
4,475
Single Family
4,475
Multi-Family
0
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rylee Gagon • D.R. Horton, Inc
Mls Name: UtahRealEstate.com
Mls ID: #2099345