251 S 5500 WMendonUT84325
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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 Mendon at 251 S 5500 W, Mendon, UT, 84325 uses $82,875 cash to close to unlock $11,128/yr annual cash flow and $927/mo monthly cash flow. Total monthly income runs $2,393/mo, and a $1,224/mo payment keeps the spread at $927/mo. Purchase price stands at $250,000, and rental yield measures 11.49% with $2,393/mo rent. Return on cash invested shows 33.34% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 174.45% and total cumulative return in cash records $144,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Lot
Built in N/A
3.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84325, Mendon, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 651 (84.7%) |
| Renter Occupied HU | 92 (12.0%) |
| Vacant Housing Units | 26 ( 3.4%) |
| Median Home Value | $603,466 |
| Average Home Value | $660,998 |
Housing Distribution
Address Breakdown
Residential
449
Single Family
449
Multi-Family
0
Businesses
32
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Listed by: Chris Tolman • Cornerstone Real Estate Professionals, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2027726
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-16 11:11:39 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)