2958 S Keel StGarden CityUT84028
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Garden City at 2958 S Keel St, Garden City, UT, 84028 at $189,000 posts ROI 21.67% with $92/mo cash flow from $1,244/mo rent. Total monthly income equals $1,244/mo, and annual cash flow records $1,106/yr on $62,654 to close. Return on cash invested measures 21.67% and rental yield reads 7.9% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 112.27% and total cumulative return in cash totals $70,342.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,244/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1974
3,484 sqft lot
$N/A/sqft
$530 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Gary C. McKee • Bear Lake Realty Inc
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #1993744
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-14 07:26:04 PDT. 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](/info/mls-disclaimers/#mls_319)