512 E Ridge DrAlpineUT84004
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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 Alpine at 512 E Ridge Dr, Alpine, UT, 84004 generates $5,231/mo in rent, after a $6,583/mo payment. Total monthly income is $5,231/mo. Return on cash invested sits at 13.07% in year one, and rental yield is 4.67% on a $1,345,000 entry. Equity gained on principal adds $8,679/yr, while 5% annual appreciation builds toward $371,599 over five years. Five-year ROI reaches 65.61% and total cumulative return in cash sums $285,920. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,231/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84004, Alpine, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,029 (100%) |
| Owner Occupied HU | 2,585 (85.3%) |
| Renter Occupied HU | 357 (11.8%) |
| Vacant Housing Units | 87 ( 2.9%) |
| Median Home Value | $924,026 |
| Average Home Value | $1,062,170 |
Housing Distribution
Address Breakdown
Residential
2,893
Single Family
2,893
Multi-Family
0
Businesses
191
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