3228 W Meadow Leaf CtWest Valley CityUT84120
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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 3228 W Meadow Leaf Ct, West Valley City, UT, 84120 offers a 6.53% rental yield on a $450,000 purchase with $2,448/mo rent. 38% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 94.2% and total cumulative return in cash at $140,526. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,448/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2001
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84120, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,061 (100%) |
| Owner Occupied HU | 10,680 (70.9%) |
| Renter Occupied HU | 4,020 (26.7%) |
| Vacant Housing Units | 361 ( 2.4%) |
| Median Home Value | $491,477 |
| Average Home Value | $566,575 |
Housing Distribution
Address Breakdown
Residential
14,466
Single Family
14,127
Multi-Family
339
Businesses
702
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Listed by: Reed N Larson • In Depth Realty
Mls Name: UtahRealEstate.com
Mls ID: #2118867