3589 S Deann DrWest Valley CityUT84128
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.21% yield at 3589 S Deann Dr, West Valley City, UT, 84128 in West Valley City is solid, but the $2,159/mo payment compresses net cash flow to $71/mo at $480,200. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $132,670 by year five, and $4,423/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.34) without U.S. income documentation. Total projected return: $186,029.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 5.8% |
| Monthly Cash Flow | $71 | $1,250 |
City averages based on West Valley City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,886 |
| Total Monthly Debt Service | $2,623 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1990
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84128, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,484 (100%) |
| Owner Occupied HU | 7,127 (84.0%) |
| Renter Occupied HU | 1,253 (14.8%) |
| Vacant Housing Units | 104 ( 1.2%) |
| Median Home Value | $510,636 |
| Average Home Value | $588,218 |
Housing Distribution
Address Breakdown
Residential
8,313
Single Family
8,191
Multi-Family
122
Businesses
129
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
Single Family
Built in 1990
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84128, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,484 (100%) |
| Owner Occupied HU | 7,127 (84.0%) |
| Renter Occupied HU | 1,253 (14.8%) |
| Vacant Housing Units | 104 ( 1.2%) |
| Median Home Value | $510,636 |
| Average Home Value | $588,218 |
Housing Distribution
Address Breakdown
Residential
8,313
Single Family
8,191
Multi-Family
122
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A