480 E 300 SPLEASANT GROVEUT84062
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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 PLEASANT GROVE at 480 E 300 S, PLEASANT GROVE, UT, 84062 generates $1,511/mo in rent, after a $3,181/mo payment. Total monthly income is $1,511/mo. Return on cash invested sits at 7.16% in year one, and rental yield is 2.79% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 34.03% and total cumulative return in cash sums $72,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,511/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84062, Pleasant Grove, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,331 (100%) |
| Owner Occupied HU | 9,820 (68.5%) |
| Renter Occupied HU | 4,253 (29.7%) |
| Vacant Housing Units | 258 ( 1.8%) |
| Median Home Value | $608,955 |
| Average Home Value | $658,576 |
Housing Distribution
Address Breakdown
Residential
14,303
Single Family
14,030
Multi-Family
273
Businesses
1,222
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Listed by: Wesley Zufelt • Evolve Real Estate & Management LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2062122
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-19 04:50:18 PST. 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)