4282 Lucky Ln #2ErdaUT84074
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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
Investment property for sale in Erda at 4282 Lucky Ln #2, Erda, UT, 84074 uses $99,019 cash to close to unlock $10,287/yr annual cash flow and $857/mo monthly cash flow. Total monthly income runs $2,608/mo, and a $1,462/mo payment keeps the spread at $857/mo. Purchase price stands at $298,700, and rental yield measures 10.48% with $2,608/mo rent. Return on cash invested shows 30.3% in year one, and 5% annual appreciation builds toward $82,525 over five years. Five-year ROI reaches 158.16% and total cumulative return in cash records $156,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,608/mo property income covering a $1,462/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84074, Tooele, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,335 (100%) |
| Owner Occupied HU | 16,539 (81.3%) |
| Renter Occupied HU | 3,219 (15.8%) |
| Vacant Housing Units | 577 ( 2.8%) |
| Median Home Value | $444,679 |
| Average Home Value | $471,497 |
Housing Distribution
Address Breakdown
Residential
19,187
Single Family
18,675
Multi-Family
512
Businesses
852
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