261 E Sage Canal WaySandyUT84070
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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 Sandy at 261 E Sage Canal Way, Sandy, UT, 84070 priced at $550,400 converts $2,822/mo rent into after a $2,694/mo obligation. Total monthly income equals $2,822/mo. Return on cash invested prints 17.38% in year one, and rental yield reads 6.15% against a $550,400 entry. Equity gained on principal adds $3,552/yr, while 5% annual appreciation compiles into $152,065 by year five. Five-year ROI reaches 88.82% and total cumulative return in cash sums $160,839. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,822/mo property income covering a $2,694/mo payment, not borrower’s personal income.
Townhouse
Built in 2020
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,485
Single Family
8,985
Multi-Family
3,500
Businesses
2,050
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