475 N Grove DrAlpineUT84004
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
Rental property for sale in Alpine at 475 N Grove Dr, Alpine, UT, 84004 priced at $719,000 converts $3,004/mo rent into after a $3,519/mo obligation. Total monthly income equals $3,004/mo. Return on cash invested prints 13.92% in year one, and rental yield reads 5.01% against a $719,000 entry. Equity gained on principal adds $4,640/yr, while 5% annual appreciation compiles into $198,646 by year five. Five-year ROI reaches 70.26% and total cumulative return in cash sums $166,205. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,004/mo property income covering a $3,519/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84004, Alpine, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,029 (100%) |
| Owner Occupied HU | 2,585 (85.3%) |
| Renter Occupied HU | 357 (11.8%) |
| Vacant Housing Units | 87 ( 2.9%) |
| Median Home Value | $924,026 |
| Average Home Value | $1,062,170 |
Housing Distribution
Address Breakdown
Residential
2,893
Single Family
2,893
Multi-Family
0
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices