3358 S Alder LnSyracuseUT84075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Syracuse at 3358 S Alder Ln, Syracuse, UT, 84075 offers $2,666/mo rent that, after a $2,241/mo payment. Total monthly income is $2,666/mo. Return on cash invested measures 19.18% in year one, and rental yield stands at 6.99% at a $457,900 entry. Equity gained on principal adds $2,955/yr while 5% annual appreciation compounds into $126,509 by year five. Five-year ROI records 98.71% and total cumulative return in cash reaches $149,834. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,666/mo property income versus a $2,241/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
3,484 sqft lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84075, Syracuse, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,010 (100%) |
| Owner Occupied HU | 9,387 (85.3%) |
| Renter Occupied HU | 1,351 (12.3%) |
| Vacant Housing Units | 272 ( 2.5%) |
| Median Home Value | $626,412 |
| Average Home Value | $642,121 |
Housing Distribution
Address Breakdown
Residential
10,373
Single Family
10,373
Multi-Family
0
Businesses
206
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Nearby investment properties with comparable prices
Listed by: Jessica Himle • Equity Real Estate (Advantage)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2025893
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 13:03:33 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](/info/mls-disclaimers/#mls_319)