3046 N 2575 W, Farr West, UT, 84404 | 6.47% Rental Yield

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3046 N 2575 W, Farr West, UT, 84404 | 6.47% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Farr West at 3046 N 2575 W, Farr West, UT, 84404 listed at $549,000 pairs $2,962/mo rent with a $2,687/mo payment. Total monthly income runs $2,962/mo. Return on cash invested measures 18.36% in year one, and rental yield registers 6.47% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 94.09% and total cumulative return in cash totals $169,952. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,962/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1995

0.96 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 4-bedroom, three-bathroom home on almost an acre of land (.96). This is the perfect place to raise a family on your own hobby farm. The property is zoned agricultural with secondary irrigation for the entire property, with easy to manage sprinklers throughout. The pasture is sectioned and ready for animals. Functional barn with power and potable water. This is perfect for horses, sheep or goats. The back portion is partially insulated and was used for rabbits. There is additional storage available in a 40 foot shipping container behind the barn. This home has been loved dearly and is ready for its new family. New carpet in 2019 that has never had animals on it. Walls have been freshly painted or touched up this summer. 2.25% assumable VA loan. Ample parking for all of your toys. Tile has been purchased to replace the flooring in the master and basement bathrooms if desired.

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