2650 S Melville DrMagnaUT84044
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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 Magna at 2650 S Melville Dr, Magna, UT, 84044 earns $242/mo cash flow from $2,468/mo rent with a $1,859/mo payment. Total monthly income totals $2,468/mo, and annual cash flow totals $2,901/yr on $125,937 capital. ROI tracks 22.21% on current figures, and rental yield reads 7.8% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 114.76% and total cumulative return in cash sums $144,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,468/mo property income instead of your personal income.
Single Family
Built in 1983
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84044, Magna, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,566 (100%) |
| Owner Occupied HU | 8,272 (78.3%) |
| Renter Occupied HU | 2,071 (19.6%) |
| Vacant Housing Units | 223 ( 2.1%) |
| Median Home Value | $512,262 |
| Average Home Value | $555,347 |
Housing Distribution
Address Breakdown
Residential
10,247
Single Family
10,011
Multi-Family
236
Businesses
288
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