








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Pleasant Grove at 505 Melanie Ln, Pleasant Grove, UT, 84062 listed at $550,000 pairs $2,881/mo rent with a $2,692/mo payment. Total monthly income runs $2,881/mo. Return on cash invested measures 17.79% in year one, and rental yield registers 6.29% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 91.01% and total cumulative return in cash totals $164,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,881/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84062, Pleasant Grove, UT area.
| 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 |
Residential
14,303
Single Family
14,030
Multi-Family
273
Businesses
1,222
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michael McPhie • Equity Real Estate (Advantage)
Mls Name: UtahRealEstate.com
Mls ID: #2117304