3031 W Solace StSyracuseUT84075
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
Investment Highlights
Investment property for sale in Syracuse at 3031 W Solace St, Syracuse, UT, 84075 uses $54,844 cash to close to unlock $47,005/yr annual cash flow and $3,917/mo monthly cash flow. Total monthly income runs $4,938/mo, and a $810/mo payment keeps the spread at $3,917/mo. Purchase price stands at $165,442, and rental yield measures 35.82% with $4,938/mo rent. Return on cash invested shows 105.62% in year one, and 5% annual appreciation builds toward $45,709 over five years. Five-year ROI reaches 562.51% and total cumulative return in cash records $308,502. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,938/mo property income covering a $810/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84075, Syracuse, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,010 (100%) |
| Owner Occupied HU | 9,387 (85.3%) |
| Renter Occupied HU | 1,351 (12.3%) |
| Vacant Housing Units | 272 ( 2.5%) |
| Median Home Value | $626,412 |
| Average Home Value | $642,121 |
Housing Distribution
Address Breakdown
Residential
10,373
Single Family
10,373
Multi-Family
0
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices