246 S 265 E #5RichmondUT84333
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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 Richmond at 246 S 265 E #5, Richmond, UT, 84333 generates $1,980/mo in rent, after a $2,202/mo payment. Total monthly income is $1,980/mo. Return on cash invested sits at 14.62% in year one, and rental yield is 5.28% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 74.09% and total cumulative return in cash sums $110,494. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84333, Richmond, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,091 (100%) |
| Owner Occupied HU | 892 (81.8%) |
| Renter Occupied HU | 164 (15.0%) |
| Vacant Housing Units | 35 ( 3.2%) |
| Median Home Value | $498,496 |
| Average Home Value | $540,768 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
72
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