470 E Ridge DrHeberUT84032
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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 Heber at 470 E Ridge Dr, Heber, UT, 84032 priced at $1,225,000 pairs $4,560/mo rent with after a $5,996/mo payment. Total monthly income equals $4,560/mo. Return on cash invested is 12.45% in year one, and rental yield stands at 4.47% on a $1,225,000 basis. Equity gained on principal adds $7,905/yr, and 5% annual appreciation accumulates to $338,445 by year five. Five-year ROI measures 62.29% and total cumulative return in cash reaches $247,248. For financing, Ziffy Mortgage’s DSCR program evaluates $4,560/mo property income against a $5,996/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84032, Heber City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,398 (100%) |
| Owner Occupied HU | 6,867 (66.0%) |
| Renter Occupied HU | 1,938 (18.6%) |
| Vacant Housing Units | 1,593 (15.3%) |
| Median Home Value | $797,026 |
| Average Home Value | $923,491 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
8,375
Multi-Family
819
Businesses
909
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