340 N 500 W APT 204BountifulUT84010
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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 Bountiful at 340 N 500 W APT 204, Bountiful, UT, 84010 uses $96,102 cash to close to unlock $789/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $1,419/mo payment keeps the spread at $66/mo. Purchase price stands at $289,900, and rental yield measures 7.31% with $1,765/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 106.82% and total cumulative return in cash records $102,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 2001
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84010, Bountiful, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,261 (100%) |
| Owner Occupied HU | 11,682 (67.7%) |
| Renter Occupied HU | 5,116 (29.6%) |
| Vacant Housing Units | 463 ( 2.7%) |
| Median Home Value | $612,526 |
| Average Home Value | $664,270 |
Housing Distribution
Address Breakdown
Residential
16,474
Single Family
15,616
Multi-Family
858
Businesses
1,143
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