3121 S Ogden Ave EOgdenUT84401
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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 Ogden at 3121 S Ogden Ave E, Ogden, UT, 84401 generates $2,044/mo in rent, after a $2,344/mo payment. Total monthly income is $2,044/mo. Return on cash invested sits at 14.14% in year one, and rental yield is 5.12% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 71.49% and total cumulative return in cash sums $113,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,044/mo property income rather than buyer’s personal income.
Multi Family
Built in 1924
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84401, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,782 (100%) |
| Owner Occupied HU | 11,030 (55.8%) |
| Renter Occupied HU | 7,369 (37.3%) |
| Vacant Housing Units | 1,383 ( 7.0%) |
| Median Home Value | $499,964 |
| Average Home Value | $563,384 |
Housing Distribution
Address Breakdown
Residential
19,062
Single Family
17,020
Multi-Family
2,042
Businesses
1,847
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