378 N 1180 EPleasant GroveUT84062
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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 Pleasant Grove at 378 N 1180 E, Pleasant Grove, UT, 84062 offers a 4.25% rental yield on a $739,900 purchase with $2,622/mo rent. 61% in year one. Equity gained on principal adds $4,774/yr while 5% annual appreciation supports $204,421 over five years. Portfolio math shows five-year ROI at 57.87% and total cumulative return in cash at $140,871. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,622/mo property income against a $3,621/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84062, Pleasant Grove, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,331 (100%) |
| Owner Occupied HU | 9,820 (68.5%) |
| Renter Occupied HU | 4,253 (29.7%) |
| Vacant Housing Units | 258 ( 1.8%) |
| Median Home Value | $608,955 |
| Average Home Value | $658,576 |
Housing Distribution
Address Breakdown
Residential
14,303
Single Family
14,030
Multi-Family
273
Businesses
1,222
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Listed by: Jennifer Misbach • Century 21 Lifestyle Real Estate
Mls Name: UtahRealEstate.com
Mls ID: #2096820