2620 S Eagle DrGarden CityUT84028
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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 Garden City at 2620 S Eagle Dr, Garden City, UT, 84028 generates $2,314/mo in rent and, after a $1,708/mo payment, leaves $269/mo in cash flow. Total monthly income is $2,314/mo, and annual cash flow is $3,224/yr on $115,694 invested. Return on cash invested sits at 22.7% in year one, and rental yield is 7.96% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 117.36% and total cumulative return in cash sums $135,780. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,314/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84028, Garden City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 328 (14.3%) |
| Renter Occupied HU | 82 ( 3.6%) |
| Vacant Housing Units | 1,887 (82.2%) |
| Median Home Value | $589,623 |
| Average Home Value | $601,303 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
108
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Listed by: Gail M Nichol • Bear Lake View Realty LLC
Mls Name: UtahRealEstate.com
Mls ID: #2115885