492 W Highland DrRiverdaleUT84405
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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 Riverdale at 492 W Highland Dr, Riverdale, UT, 84405 priced at $500,000 converts $3,260/mo rent into $330/mo cash flow after a $2,447/mo obligation. Total monthly income equals $3,260/mo, and annual cash flow totals $3,956/yr on $165,750 invested. Return on cash invested prints 22.3% in year one, and rental yield reads 7.82% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 115.2% and total cumulative return in cash sums $190,952. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,260/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84405, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,227 (100%) |
| Owner Occupied HU | 9,083 (68.7%) |
| Renter Occupied HU | 3,637 (27.5%) |
| Vacant Housing Units | 507 ( 3.8%) |
| Median Home Value | $492,805 |
| Average Home Value | $542,562 |
Housing Distribution
Address Breakdown
Residential
12,247
Single Family
11,191
Multi-Family
1,056
Businesses
848
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