3870 N 15800 WAltamontUT84001
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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
Rental property for sale in Altamont at 3870 N 15800 W, Altamont, UT, 84001 generates $2,500/mo in rent, after a $2,374/mo payment. Total monthly income is $2,500/mo. Return on cash invested sits at 17.35% in year one, and rental yield is 6.19% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 88.72% and total cumulative return in cash sums $142,634. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,500/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84001, Altamont, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 646 (100%) |
| Owner Occupied HU | 447 (69.2%) |
| Renter Occupied HU | 95 (14.7%) |
| Vacant Housing Units | 104 (16.1%) |
| Median Home Value | $309,341 |
| Average Home Value | $341,091 |
Housing Distribution
Address Breakdown
Residential
65
Single Family
65
Multi-Family
0
Businesses
50
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