5028 W Evergreen LnHighlandUT84003
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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
Investment property for sale in Highland at 5028 W Evergreen Ln, Highland, UT, 84003 listed at $593,000 pairs $3,696/mo rent with a $2,902/mo payment to leave $221/mo cash flow. Total monthly income runs $3,696/mo, and annual cash flow reaches $2,649/yr on $195,097 cash to close. Return on cash invested measures 21.42% in year one, and rental yield registers 7.48% at a $593,000 basis. Equity gained on principal adds $3,827/yr, and annual property appreciation at 5% supports $163,835 by year five. Five-year ROI tracks 110.46% and total cumulative return in cash totals $215,506. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,696/mo property income relative to a $2,902/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 2022
3,441 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84003, American Fork, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,220 (100%) |
| Owner Occupied HU | 13,740 (71.5%) |
| Renter Occupied HU | 4,735 (24.6%) |
| Vacant Housing Units | 745 ( 3.9%) |
| Median Home Value | $674,425 |
| Average Home Value | $756,543 |
Housing Distribution
Address Breakdown
Residential
19,159
Single Family
18,903
Multi-Family
256
Businesses
1,665
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