4018 S Laredo WayWest Valley CityUT84120
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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 West Valley City at 4018 S Laredo Way, West Valley City, UT, 84120 generates $3,330/mo in rent and, after a $2,570/mo payment, leaves $253/mo in cash flow. Total monthly income is $3,330/mo, and annual cash flow is $3,030/yr on $172,725 invested. Return on cash invested sits at 21.81% in year one, and rental yield is 7.61% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 112.6% and total cumulative return in cash sums $194,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,330/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84120, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,061 (100%) |
| Owner Occupied HU | 10,680 (70.9%) |
| Renter Occupied HU | 4,020 (26.7%) |
| Vacant Housing Units | 361 ( 2.4%) |
| Median Home Value | $491,477 |
| Average Home Value | $566,575 |
Housing Distribution
Address Breakdown
Residential
14,466
Single Family
14,127
Multi-Family
339
Businesses
702
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Listed by: Erin Dawson-Feraco • Premier Utah Real Estate
Mls Name: UtahRealEstate.com
Mls ID: #2105072