490 S 700 E #B-17, Clearfield, UT, 84015 | $441/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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490 S 700 E #B-17, Clearfield, UT, 84015 | $441/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Clearfield at 490 S 700 E #B-17, Clearfield, UT, 84015 offers a 9.15% rental yield on a $250,000 purchase with $1,907/mo rent. Total monthly income registers $1,907/mo, and a $1,224/mo payment leaves $441/mo available for distribution. Annual cash flow reaches $5,296/yr on $82,875 to close, and return on cash invested stands at 26.3% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 136.71% and total cumulative return in cash at $113,302. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,907/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2000

435.60 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Meadow Condos-where comfort meets convenience in the heart of Clearfield. This charming, middle-level unit offers 2 spacious bedrooms, 2 full bathrooms, and just the right amount of space for first-time buyers, downsizers, or anyone ready to ditch yard work in favor of a pool pass & basketball court. Inside, you'll find a bright and functional layout with a welcoming living area, a well-appointed kitchen, laundry, and plenty of storage. Washer, dryer, fridge, and microwave are all included-so you can skip the appliance shopping and move straight into easy living. Step out onto your private covered balcony for a quiet morning coffee or unwind at the end of the day with a breeze and a book. With a dedicated carport, covered parking is a given-and the HOA takes care of water, sewer, trash, snow removal, and more. Located just minutes from shopping, dining, freeway access, and Hill Air Force Base, this condo is equal parts cozy and connected. Whether you're looking for a place to call home or an investment in a growing area, this one checks all the boxes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84015, Clearfield, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,567 (100%)
Owner Occupied HU	17,452 (71.0%)
Renter Occupied HU	6,453 (26.3%)
Vacant Housing Units	662 ( 2.7%)
Median Home Value	$491,684
Average Home Value	$528,938