3850 S Madison AveSouth OgdenUT84403
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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 South Ogden at 3850 S Madison Ave, South Ogden, UT, 84403 uses $102,434 cash to close to unlock $676/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $1,867/mo, and a $1,512/mo payment keeps the spread at $56/mo. Purchase price stands at $309,000, and rental yield measures 7.25% with $1,867/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 105.97% and total cumulative return in cash records $108,545. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,867/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84403, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,702 (100%) |
| Owner Occupied HU | 9,162 (62.3%) |
| Renter Occupied HU | 4,954 (33.7%) |
| Vacant Housing Units | 586 ( 4.0%) |
| Median Home Value | $519,613 |
| Average Home Value | $601,892 |
Housing Distribution
Address Breakdown
Residential
14,015
Single Family
13,060
Multi-Family
955
Businesses
731
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Listed by: Cori Vanderbeek • Intermountain Properties
Mls Name: UtahRealEstate.com
Mls ID: #2128031