297 E 1500 NHarrisvilleUT84404
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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
Rental property for sale in Harrisville at 297 E 1500 N, Harrisville, UT, 84404 generates $2,375/mo in rent and, after a $1,929/mo payment, leaves $65/mo in cash flow. Total monthly income is $2,375/mo, and annual cash flow is $780/yr on $130,644 invested. Return on cash invested sits at 20.51% in year one, and rental yield is 7.23% on a $394,100 entry. Equity gained on principal adds $2,543/yr, while 5% annual appreciation builds toward $108,883 over five years. Five-year ROI reaches 105.64% and total cumulative return in cash sums $138,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,375/mo property income rather than buyer’s personal income.
Condo
Built in 2018
1,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84404, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,012 (100%) |
| Owner Occupied HU | 17,737 (70.9%) |
| Renter Occupied HU | 6,330 (25.3%) |
| Vacant Housing Units | 945 ( 3.8%) |
| Median Home Value | $460,276 |
| Average Home Value | $499,908 |
Housing Distribution
Address Breakdown
Residential
23,580
Single Family
22,951
Multi-Family
629
Businesses
1,208
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