507 Canyon RdOgdenUT84404
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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 Ogden at 507 Canyon Rd, Ogden, UT, 84404 offers $2,490/mo rent that, after a $1,468/mo payment, leaves $732/mo cash flow. Total monthly income is $2,490/mo, and annual cash flow is $8,784/yr on $99,450 cash. Return on cash invested measures 28.74% in year one, and rental yield stands at 9.96% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 149.76% and total cumulative return in cash reaches $148,932. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,490/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84404, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,012 (100%) |
| Owner Occupied HU | 17,737 (70.9%) |
| Renter Occupied HU | 6,330 (25.3%) |
| Vacant Housing Units | 945 ( 3.8%) |
| Median Home Value | $460,276 |
| Average Home Value | $499,908 |
Housing Distribution
Address Breakdown
Residential
23,580
Single Family
22,951
Multi-Family
629
Businesses
1,208
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