4246 S Sage StMillcreekUT84124
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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 Millcreek at 4246 S Sage St, Millcreek, UT, 84124 priced at $683,500 converts $3,040/mo rent into after a $3,345/mo obligation. Total monthly income equals $3,040/mo. Return on cash invested prints 14.91% in year one, and rental yield reads 5.34% against a $683,500 entry. Equity gained on principal adds $4,411/yr, while 5% annual appreciation compiles into $188,838 by year five. Five-year ROI reaches 75.56% and total cumulative return in cash sums $169,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,040/mo property income covering a $3,345/mo payment, not borrower’s personal income.
Single Family
Built in 1964
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84124, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,584 (100%) |
| Owner Occupied HU | 5,990 (69.8%) |
| Renter Occupied HU | 2,179 (25.4%) |
| Vacant Housing Units | 415 ( 4.8%) |
| Median Home Value | $815,928 |
| Average Home Value | $897,025 |
Housing Distribution
Address Breakdown
Residential
8,362
Single Family
7,468
Multi-Family
894
Businesses
444
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