438 E Indian Springs RdBountifulUT84010
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 Bountiful at 438 E Indian Springs Rd, Bountiful, UT, 84010 earns $783/mo cash flow from $1,949/mo rent with a $974/mo payment. Total monthly income totals $1,949/mo, and annual cash flow totals $9,392/yr on $65,969 capital. ROI tracks 34.15% on current figures, and rental yield reads 11.75% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 178.79% and total cumulative return in cash sums $117,942. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,949/mo property income instead of your personal income.
Lot
Built in N/A
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84010, Bountiful, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,261 (100%) |
| Owner Occupied HU | 11,682 (67.7%) |
| Renter Occupied HU | 5,116 (29.6%) |
| Vacant Housing Units | 463 ( 2.7%) |
| Median Home Value | $612,526 |
| Average Home Value | $664,270 |
Housing Distribution
Address Breakdown
Residential
16,474
Single Family
15,616
Multi-Family
858
Businesses
1,143
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Nearby investment properties with comparable prices
Listed by: Matt Peterson • RE/MAX Associates (Layton)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2013156
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-14 04:25:51 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)