415 N State StRichmondUT84333
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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 Richmond at 415 N State St, Richmond, UT, 84333 priced at $1,295,000 pairs $1,980/mo rent with after a $6,338/mo payment. Total monthly income equals $1,980/mo. Return on cash invested is 4.33% in year one, and rental yield stands at 1.83% on a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and 5% annual appreciation accumulates to $357,785 by year five. Five-year ROI measures 18.74% and total cumulative return in cash reaches $78,642. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $6,338/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
1 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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