293 E Vaughn Ln S #15MidvaleUT84047
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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 Midvale at 293 E Vaughn Ln S #15, Midvale, UT, 84047 listed at $599,999 pairs $2,962/mo rent with a $2,937/mo payment. Total monthly income runs $2,962/mo. Return on cash invested measures 15.71% in year one, and rental yield registers 5.92% at a $599,999 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 80.22% and total cumulative return in cash totals $158,363. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,962/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2025
1,306 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84047, Midvale, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,819 (100%) |
| Owner Occupied HU | 6,505 (41.1%) |
| Renter Occupied HU | 8,750 (55.3%) |
| Vacant Housing Units | 564 ( 3.6%) |
| Median Home Value | $549,228 |
| Average Home Value | $573,156 |
Housing Distribution
Address Breakdown
Residential
16,220
Single Family
12,095
Multi-Family
4,125
Businesses
1,490
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Listed by: Amy Egan • Brighton Realty LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2128257
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2026-01-04 11:45:13 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)