343 S 1000th St W APT 301Pleasant GroveUT84062
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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 Pleasant Grove at 343 S 1000th St W APT 301, Pleasant Grove, UT, 84062 uses $92,489 cash to close to unlock $316/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $2,012/mo, and a $1,366/mo payment keeps the spread at $26/mo. Purchase price stands at $279,000, and rental yield measures 8.65% with $2,012/mo rent. Return on cash invested shows 20.25% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 105.92% and total cumulative return in cash records $97,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,012/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Condo
Built in 2006
1,180 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84062, Pleasant Grove, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,331 (100%) |
| Owner Occupied HU | 9,820 (68.5%) |
| Renter Occupied HU | 4,253 (29.7%) |
| Vacant Housing Units | 258 ( 1.8%) |
| Median Home Value | $608,955 |
| Average Home Value | $658,576 |
Housing Distribution
Address Breakdown
Residential
14,303
Single Family
14,030
Multi-Family
273
Businesses
1,222
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