271 E Eagle Ridge DrNorth Salt LakeUT84054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Salt Lake at 271 E Eagle Ridge Dr, North Salt Lake, UT, 84054 earns from $3,873/mo rent with a $3,744/mo payment. Total monthly income totals $3,873/mo. ROI tracks 17.15% on current figures, and rental yield reads 6.08% at a $765,000 purchase. Equity gained on principal adds $4,936/yr, and 5% annual appreciation supports $211,355 over five years. Five-year ROI reaches 87.58% and total cumulative return in cash sums $220,427. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,873/mo property income instead of your personal income.
Single Family
Built in 2004
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84054, North Salt Lake, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,223 (66.5%) |
| Renter Occupied HU | 2,376 (30.2%) |
| Vacant Housing Units | 258 ( 3.3%) |
| Median Home Value | $594,821 |
| Average Home Value | $625,380 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,930
Multi-Family
6
Businesses
838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Benjamin Brown • Cornerstone Real Estate Professionals, LLC (South Ogden)
Mls Name: UtahRealEstate.com
Mls ID: #2092689