38 S 400 WRichmondUT84333
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
Investment Highlights
Investment property for sale in Richmond at 38 S 400 W, Richmond, UT, 84333 listed at $324,700 pairs $2,124/mo rent with a $1,589/mo payment to leave $221/mo cash flow. Total monthly income runs $2,124/mo, and annual cash flow reaches $2,653/yr on $107,638 cash to close. Return on cash invested measures 22.37% in year one, and rental yield registers 7.85% at a $324,700 basis. Equity gained on principal adds $2,095/yr, and annual property appreciation at 5% supports $89,709 by year five. Five-year ROI tracks 115.66% and total cumulative return in cash totals $124,491. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,124/mo property income relative to a $1,589/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1923
0.37 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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Nearby investment properties with comparable prices
Listed by: Max Fletcher • Equity Real Estate (Bear River)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2086614
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-05-23 11:58:45 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)