425 N Locust AveLindonUT84042
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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 Lindon at 425 N Locust Ave, Lindon, UT, 84042 priced at $799,000 pairs $4,022/mo rent with after a $3,911/mo payment. Total monthly income equals $4,022/mo. Return on cash invested is 17.04% in year one, and rental yield stands at 6.04% on a $799,000 basis. Equity gained on principal adds $5,156/yr, and 5% annual appreciation accumulates to $220,749 by year five. Five-year ROI measures 86.99% and total cumulative return in cash reaches $228,678. For financing, Ziffy Mortgage’s DSCR program evaluates $4,022/mo property income against a $3,911/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84042, Lindon, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,617 (100%) |
| Owner Occupied HU | 2,725 (75.3%) |
| Renter Occupied HU | 759 (21.0%) |
| Vacant Housing Units | 133 ( 3.7%) |
| Median Home Value | $727,810 |
| Average Home Value | $792,018 |
Housing Distribution
Address Breakdown
Residential
3,539
Single Family
3,401
Multi-Family
138
Businesses
758
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