248 Sunstone CtLoganUT84321
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 Logan at 248 Sunstone Ct, Logan, UT, 84321 offers $1,966/mo rent that, after a $1,904/mo payment. Total monthly income is $1,966/mo. Return on cash invested measures 16.99% in year one, and rental yield stands at 6.06% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 86.73% and total cumulative return in cash reaches $111,846. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,966/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84321, Logan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,496 (100%) |
| Owner Occupied HU | 8,729 (47.2%) |
| Renter Occupied HU | 8,614 (46.6%) |
| Vacant Housing Units | 1,153 ( 6.2%) |
| Median Home Value | $415,839 |
| Average Home Value | $463,128 |
Housing Distribution
Address Breakdown
Residential
17,310
Single Family
15,745
Multi-Family
1,565
Businesses
1,340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices