407 W Richard St NGrantsvilleUT84029
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 Grantsville at 407 W Richard St N, Grantsville, UT, 84029 at $330,000 posts ROI 25.42% with $502/mo cash flow from $2,436/mo rent. Total monthly income equals $2,436/mo, and annual cash flow records $6,024/yr on $109,395 to close. Return on cash invested measures 25.42% and rental yield reads 8.86% at the current $330,000. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 by year five. Five-year ROI prints 131.93% and total cumulative return in cash totals $144,323.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,436/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84029, Grantsville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,045 (100%) |
| Owner Occupied HU | 4,223 (83.7%) |
| Renter Occupied HU | 655 (13.0%) |
| Vacant Housing Units | 167 ( 3.3%) |
| Median Home Value | $492,660 |
| Average Home Value | $509,233 |
Housing Distribution
Address Breakdown
Residential
4,475
Single Family
4,475
Multi-Family
0
Businesses
201
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Listed by: Casie Draper • Equity Exchange Real Estate, Inc.
Mls Name: UtahRealEstate.com
Mls ID: #2112903