3214 E Elkhorn LnWashingtonUT84780
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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 Washington at 3214 E Elkhorn Ln, Washington, UT, 84780 priced at $358,800 pairs $2,400/mo rent with $297/mo cash flow after a $1,756/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $3,566/yr on $118,942 invested. Return on cash invested is 22.91% in year one, and rental yield stands at 8.03% on a $358,800 basis. Equity gained on principal adds $2,315/yr, and 5% annual appreciation accumulates to $99,130 by year five. Five-year ROI measures 118.52% and total cumulative return in cash reaches $140,969. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,756/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84780, Washington, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,175 (100%) |
| Owner Occupied HU | 10,349 (64.0%) |
| Renter Occupied HU | 2,918 (18.0%) |
| Vacant Housing Units | 2,908 (18.0%) |
| Median Home Value | $603,387 |
| Average Home Value | $638,771 |
Housing Distribution
Address Breakdown
Residential
14,018
Single Family
13,894
Multi-Family
124
Businesses
602
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Listed by: N/A • N/A
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