347 E 8th St SOgdenUT84404
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 Ogden at 347 E 8th St S, Ogden, UT, 84404 uses $111,053 cash to close to unlock $1,034/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $2,050/mo, and a $1,640/mo payment keeps the spread at $86/mo. Purchase price stands at $335,000, and rental yield measures 7.34% with $2,050/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 107.44% and total cumulative return in cash records $119,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,050/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84404, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,012 (100%) |
| Owner Occupied HU | 17,737 (70.9%) |
| Renter Occupied HU | 6,330 (25.3%) |
| Vacant Housing Units | 945 ( 3.8%) |
| Median Home Value | $460,276 |
| Average Home Value | $499,908 |
Housing Distribution
Address Breakdown
Residential
23,580
Single Family
22,951
Multi-Family
629
Businesses
1,208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices