2387 Happiness TrlMidwayUT84049
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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
Investment property for sale in Midway at 2387 Happiness Trl, Midway, UT, 84049 earns $590/mo cash flow from $4,459/mo rent with a $3,059/mo payment. Total monthly income totals $4,459/mo, and annual cash flow totals $7,081/yr on $205,625 capital. ROI tracks 23.5% on current figures, and rental yield reads 8.56% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 122.11% and total cumulative return in cash sums $251,089. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,459/mo property income instead of your personal income.
Single Family
Built in 1967
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84049, Midway, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 2,094 (60.1%) |
| Renter Occupied HU | 431 (12.4%) |
| Vacant Housing Units | 962 (27.6%) |
| Median Home Value | $915,870 |
| Average Home Value | $1,015,659 |
Housing Distribution
Address Breakdown
Residential
2,478
Single Family
2,282
Multi-Family
196
Businesses
244
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Nearby investment properties with comparable prices
Listed by: Adam Kirkham • Summit Sotheby's (Salt Lake)
Mls Name: PCBR
Mls Provider:
Mls ID: #12502177
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