2362 W 1620 S UNIT CSyracuseUT84075
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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 Syracuse at 2362 W 1620 S UNIT C, Syracuse, UT, 84075 generates $2,640/mo in rent and, after a $2,112/mo payment, leaves $111/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $1,331/yr on $143,042 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 7.34% on a $431,500 entry. Equity gained on principal adds $2,784/yr, while 5% annual appreciation builds toward $119,215 over five years. Five-year ROI reaches 107.38% and total cumulative return in cash sums $153,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Condo
Built in N/A
1,393 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84075, Syracuse, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,010 (100%) |
| Owner Occupied HU | 9,387 (85.3%) |
| Renter Occupied HU | 1,351 (12.3%) |
| Vacant Housing Units | 272 ( 2.5%) |
| Median Home Value | $626,412 |
| Average Home Value | $642,121 |
Housing Distribution
Address Breakdown
Residential
10,373
Single Family
10,373
Multi-Family
0
Businesses
206
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