241 S Quirk St LOT 67GrantsvilleUT84029
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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 Grantsville at 241 S Quirk St LOT 67, Grantsville, UT, 84029 generates $2,375/mo in rent, after a $2,574/mo payment. Total monthly income is $2,375/mo. Return on cash invested sits at 15.15% in year one, and rental yield is 5.42% on a $525,900 entry. Equity gained on principal adds $3,394/yr, while 5% annual appreciation builds toward $145,296 over five years. Five-year ROI reaches 76.88% and total cumulative return in cash sums $133,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,375/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1.53 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
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Listed by: Lana J. McKean • Realtypath LLC (Tooele Valley)
Mls Name: UtahRealEstate.com
Mls ID: #2113671