37 N 300 ERichmondUT84333
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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
Rental property for sale in Richmond at 37 N 300 E, Richmond, UT, 84333 generates $2,569/mo in rent and, after a $1,698/mo payment, leaves $536/mo in cash flow. Total monthly income is $2,569/mo, and annual cash flow is $6,427/yr on $115,031 invested. Return on cash invested sits at 25.5% in year one, and rental yield is 8.88% on a $347,000 entry. Equity gained on principal adds $2,239/yr, while 5% annual appreciation builds toward $95,870 over five years. Five-year ROI reaches 132.38% and total cumulative return in cash sums $152,276. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,569/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84333, Richmond, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,091 (100%) |
| Owner Occupied HU | 892 (81.8%) |
| Renter Occupied HU | 164 (15.0%) |
| Vacant Housing Units | 35 ( 3.2%) |
| Median Home Value | $498,496 |
| Average Home Value | $540,768 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
72
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