259 E Main St NGrantsvilleUT84029
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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 Grantsville at 259 E Main St N, Grantsville, UT, 84029 offers a 3.2% rental yield on a $749,000 purchase with $1,998/mo rent. 41% in year one. Equity gained on principal adds $4,833/yr while 5% annual appreciation supports $206,935 over five years. Portfolio math shows five-year ROI at 40.71% and total cumulative return in cash at $100,324. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,998/mo property income against a $3,666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84029, Grantsville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,045 (100%) |
| Owner Occupied HU | 4,223 (83.7%) |
| Renter Occupied HU | 655 (13.0%) |
| Vacant Housing Units | 167 ( 3.3%) |
| Median Home Value | $492,660 |
| Average Home Value | $509,233 |
Housing Distribution
Address Breakdown
Residential
4,475
Single Family
4,475
Multi-Family
0
Businesses
201
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Listed by: Damian Huntsman • Realtypath LLC (Tooele Valley)
Mls Name: UtahRealEstate.com
Mls ID: #2099521