3223 S Nina LoopGarden CityUT84028
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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 Garden City at 3223 S Nina Loop, Garden City, UT, 84028 priced at $188,000 converts $1,474/mo rent into $322/mo cash flow after a $920/mo obligation. Total monthly income equals $1,474/mo, and annual cash flow totals $3,867/yr on $62,322 invested. Return on cash invested prints 26.11% in year one, and rental yield reads 9.41% against a $188,000 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation compiles into $51,941 by year five. Five-year ROI reaches 136.09% and total cumulative return in cash sums $84,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,474/mo property income covering a $920/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
3,049 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84028, Garden City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 328 (14.3%) |
| Renter Occupied HU | 82 ( 3.6%) |
| Vacant Housing Units | 1,887 (82.2%) |
| Median Home Value | $589,623 |
| Average Home Value | $601,303 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
108
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Listed by: Lori Chamberlain • Chamberlain & Company Realty
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2069690
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-03-14 12:05:40 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)