3704 S Copper Ridge Dr W #62MagnaUT84044
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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 Magna at 3704 S Copper Ridge Dr W #62, Magna, UT, 84044 earns $236/mo cash flow from $1,056/mo rent with a $685/mo payment. Total monthly income totals $1,056/mo, and annual cash flow totals $2,828/yr on $46,410 capital. ROI tracks 26% on current figures, and rental yield reads 9.05% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 135.12% and total cumulative return in cash sums $62,710. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,056/mo property income instead of your personal income.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84044, Magna, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,566 (100%) |
| Owner Occupied HU | 8,272 (78.3%) |
| Renter Occupied HU | 2,071 (19.6%) |
| Vacant Housing Units | 223 ( 2.1%) |
| Median Home Value | $512,262 |
| Average Home Value | $555,347 |
Housing Distribution
Address Breakdown
Residential
10,247
Single Family
10,011
Multi-Family
236
Businesses
288
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