37 N Wayne WayGrantsvilleUT84029
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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 Grantsville at 37 N Wayne Way, Grantsville, UT, 84029 uses $128,523 cash to close to unlock $6,711/yr annual cash flow and $559/mo monthly cash flow. Total monthly income runs $2,832/mo, and a $1,898/mo payment keeps the spread at $559/mo. Purchase price stands at $387,700, and rental yield measures 8.77% with $2,832/mo rent. Return on cash invested shows 25.13% in year one, and 5% annual appreciation builds toward $107,114 over five years. Five-year ROI reaches 130.44% and total cumulative return in cash records $167,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,832/mo property income covering a $1,898/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84029, Grantsville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,045 (100%) |
| Owner Occupied HU | 4,223 (83.7%) |
| Renter Occupied HU | 655 (13.0%) |
| Vacant Housing Units | 167 ( 3.3%) |
| Median Home Value | $492,660 |
| Average Home Value | $509,233 |
Housing Distribution
Address Breakdown
Residential
4,475
Single Family
4,475
Multi-Family
0
Businesses
201
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Listed by: James D. Ross • Fathom Realty (Midway)
Mls Name: UtahRealEstate.com
Mls ID: #2103128