283 Nechatel DrDraperUT84020
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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
Total monthly income runs $2,701/mo, and a $3,035/mo payment. Purchase price stands at $620,000, and rental yield measures 5.23% with $2,701/mo rent. Return on cash invested shows 14.57% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 73.74% and total cumulative return in cash records $150,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,701/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Townhouse
Built in 2008
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84020, Draper, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,895 (100%) |
| Owner Occupied HU | 11,559 (64.6%) |
| Renter Occupied HU | 5,608 (31.3%) |
| Vacant Housing Units | 728 ( 4.1%) |
| Median Home Value | $820,190 |
| Average Home Value | $909,367 |
Housing Distribution
Address Breakdown
Residential
18,061
Single Family
13,777
Multi-Family
4,284
Businesses
2,342
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