502 N Main StSmithfieldUT84335
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 Smithfield at 502 N Main St, Smithfield, UT, 84335 offers $2,055/mo rent that, after a $1,915/mo payment. Total monthly income is $2,055/mo. Return on cash invested measures 17.7% in year one, and rental yield stands at 6.3% at a $391,300 entry. Equity gained on principal adds $2,525/yr while 5% annual appreciation compounds into $108,109 by year five. Five-year ROI records 90.58% and total cumulative return in cash reaches $117,500. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,055/mo property income versus a $1,915/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84335, Smithfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,209 (100%) |
| Owner Occupied HU | 4,105 (78.8%) |
| Renter Occupied HU | 995 (19.1%) |
| Vacant Housing Units | 109 ( 2.1%) |
| Median Home Value | $474,032 |
| Average Home Value | $506,588 |
Housing Distribution
Address Breakdown
Residential
5,062
Single Family
4,930
Multi-Family
132
Businesses
229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Engel & Volkers
Mls Provider:
Mls ID: #2084746