3162 W Millerama AveWest Valley CityUT84119
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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
Investment property for sale in West Valley City at 3162 W Millerama Ave, West Valley City, UT, 84119 earns $142/mo cash flow from $2,777/mo rent with a $2,200/mo payment. Total monthly income totals $2,777/mo, and annual cash flow totals $1,710/yr on $149,009 capital. ROI tracks 21.06% on current figures, and rental yield reads 7.41% at a $449,500 purchase. Equity gained on principal adds $2,901/yr, and 5% annual appreciation supports $124,189 over five years. Five-year ROI reaches 108.58% and total cumulative return in cash sums $161,789. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,777/mo property income instead of your personal income.
Single Family
Built in 1961
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84119, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,618 (100%) |
| Owner Occupied HU | 9,146 (46.6%) |
| Renter Occupied HU | 9,500 (48.4%) |
| Vacant Housing Units | 972 ( 5.0%) |
| Median Home Value | $412,246 |
| Average Home Value | $421,854 |
Housing Distribution
Address Breakdown
Residential
17,687
Single Family
14,006
Multi-Family
3,681
Businesses
1,892
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Listed by: Blake Behunin • Realtypath LLC (Corporate)
Mls Name: UtahRealEstate.com
Mls ID: #2101947