439 E Midlake DrDraperUT84020
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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 Draper at 439 E Midlake Dr, Draper, UT, 84020 priced at $954,300 pairs $4,523/mo rent with after a $4,671/mo payment. Total monthly income equals $4,523/mo. Return on cash invested is 15.88% in year one, and rental yield stands at 5.69% on a $954,300 basis. Equity gained on principal adds $6,158/yr, and 5% annual appreciation accumulates to $263,656 by year five. Five-year ROI measures 80.82% and total cumulative return in cash reaches $253,760. For financing, Ziffy Mortgage’s DSCR program evaluates $4,523/mo property income against a $4,671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
$22 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84020, Draper, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,895 (100%) |
| Owner Occupied HU | 11,559 (64.6%) |
| Renter Occupied HU | 5,608 (31.3%) |
| Vacant Housing Units | 728 ( 4.1%) |
| Median Home Value | $820,190 |
| Average Home Value | $909,367 |
Housing Distribution
Address Breakdown
Residential
18,061
Single Family
13,777
Multi-Family
4,284
Businesses
2,342
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