341 E 200 NRichfieldUT84701
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
Investment property for sale in Richfield at 341 E 200 N, Richfield, UT, 84701 offers a 8.28% rental yield on a $189,900 purchase with $1,310/mo rent. Total monthly income registers $1,310/mo, and a $929/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,369/yr on $62,952 to close, and return on cash invested stands at 23.67% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 122.62% and total cumulative return in cash at $77,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,310/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84701, Richfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,557 (100%) |
| Owner Occupied HU | 2,191 (61.6%) |
| Renter Occupied HU | 1,022 (28.7%) |
| Vacant Housing Units | 344 ( 9.7%) |
| Median Home Value | $348,038 |
| Average Home Value | $391,624 |
Housing Distribution
Address Breakdown
Residential
3,244
Single Family
3,166
Multi-Family
78
Businesses
533
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices