2458 N Canal View LnHeber CityUT84032
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
Rental property for sale in Heber City at 2458 N Canal View Ln, Heber City, UT, 84032 priced at $564,900 converts $3,360/mo rent into $49/mo cash flow after a $2,765/mo obligation. Total monthly income equals $3,360/mo, and annual cash flow totals $587/yr on $185,852 invested. Return on cash invested prints 20.38% in year one, and rental yield reads 7.14% against a $564,900 entry. Equity gained on principal adds $3,645/yr, while 5% annual appreciation compiles into $156,071 by year five. Five-year ROI reaches 104.87% and total cumulative return in cash sums $194,912. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $2,765/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84032, Heber City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,398 (100%) |
| Owner Occupied HU | 6,867 (66.0%) |
| Renter Occupied HU | 1,938 (18.6%) |
| Vacant Housing Units | 1,593 (15.3%) |
| Median Home Value | $797,026 |
| Average Home Value | $923,491 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
8,375
Multi-Family
819
Businesses
909
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A