3364 W Hardman Way #J202LehiUT84043
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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 Lehi at 3364 W Hardman Way #J202, Lehi, UT, 84043 earns $499/mo cash flow from $2,580/mo rent with a $1,738/mo payment. Total monthly income totals $2,580/mo, and annual cash flow totals $5,986/yr on $117,683 capital. ROI tracks 25% on current figures, and rental yield reads 8.72% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 129.68% and total cumulative return in cash sums $152,616. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,580/mo property income instead of your personal income.
Condo
Built in 2022
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84043, Lehi, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,595 (100%) |
| Owner Occupied HU | 20,440 (74.1%) |
| Renter Occupied HU | 6,027 (21.8%) |
| Vacant Housing Units | 1,128 ( 4.1%) |
| Median Home Value | $647,006 |
| Average Home Value | $702,389 |
Housing Distribution
Address Breakdown
Residential
26,063
Single Family
23,687
Multi-Family
2,376
Businesses
2,078
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