2967 S Calypso StWest Valley CityUT84120
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing2967 S Calypso St, West Valley City, UT, 84120 in West Valley City is a stable, well-positioned rental at $405,000. Rental yield 6.77%. DSCR 1.26 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $111,894 in value and $3,730/yr in principal paydown builds equity, a total projected return of $140,779.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 5.8% |
| Monthly Cash Flow | $(198) | $1,250 |
City averages based on West Valley City market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,286 |
| Total Monthly Debt Service | $2,323 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1994
6,534 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84120, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,061 (100%) |
| Owner Occupied HU | 10,680 (70.9%) |
| Renter Occupied HU | 4,020 (26.7%) |
| Vacant Housing Units | 361 ( 2.4%) |
| Median Home Value | $491,477 |
| Average Home Value | $566,575 |
Housing Distribution
Address Breakdown
Residential
14,466
Single Family
14,127
Multi-Family
339
Businesses
702
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
Manufactured
Built in 1994
6,534 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84120, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,061 (100%) |
| Owner Occupied HU | 10,680 (70.9%) |
| Renter Occupied HU | 4,020 (26.7%) |
| Vacant Housing Units | 361 ( 2.4%) |
| Median Home Value | $491,477 |
| Average Home Value | $566,575 |
Housing Distribution
Address Breakdown
Residential
14,466
Single Family
14,127
Multi-Family
339
Businesses
702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony LeBaron-Coates • Ask Andrew Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2075073
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-04-04 11:47:26 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](/mls-disclaimers/#319)