257 E Water Mill Way #211, Sandy, UT, 84070 | 3.55% Rental Yield

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257 E Water Mill Way #211, Sandy, UT, 84070 | 3.55% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sandy at 257 E Water Mill Way #211, Sandy, UT, 84070 offers a 3.55% rental yield on a $749,769 purchase with $2,218/mo rent. 47% in year one. Equity gained on principal adds $4,838/yr while 5% annual appreciation supports $207,147 over five years. Portfolio math shows five-year ROI at 46.41% and total cumulative return in cash at $114,485. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,218/mo property income against a $3,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

Garbett Homes is offering buyers up to 6% on select ready-to-move-in homes. Hurry-this incentive is for a very limited time. Please call for details. Picture yourself in this brand new, never lived in Zero Energy Ready, Solar-Ready home at The Mill Community. The kitchen shines with fresh white cabinetry, sleek quartz countertops, and durable flooring that balances beauty and function. Life at The Mill means more than just a home-it's a community. Spend weekends gathered at the BBQ patio, watching kids play at the neighborhood playground, or heading out for dinner, shopping, or even a Real Salt Lake game-all just minutes away. Easy access to I-15, I-215, and the Historic Sandy TRAX Station puts the entire Salt Lake Valley within reach, while nearby canyons invite you into endless outdoor adventure. Step inside and feel the thoughtful design. Sunlight pours through expansive solar-E windows, creating warm and inviting spaces perfect for gathering, relaxing, or simply enjoying the moment. Built with your future in mind, this home features advanced insulation, an energy recirculation system, solar pre-wiring, and a private EV charging outlet-making it as forward-thinking as it is comfortable. Localscaped yards keep your outdoor spaces low-maintenance and beautiful year-round. This isn't just a house-it's a lifestyle waiting for you at The Mill. Schedule your tour today and see how extraordinary everyday living can be. Estimated completion October/November.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84070, Sandy, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,560 (100%)
Owner Occupied HU	6,361 (50.6%)
Renter Occupied HU	5,582 (44.4%)
Vacant Housing Units	617 ( 4.9%)
Median Home Value	$539,215
Average Home Value	$563,567