518 E Old Mill DrHeberUT84032
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
Investment property for sale in Heber at 518 E Old Mill Dr, Heber, UT, 84032 listed at $739,000 pairs $4,236/mo rent with a $3,617/mo payment. Total monthly income runs $4,236/mo. Return on cash invested measures 19.45% in year one, and rental yield registers 6.88% at a $739,000 basis. Equity gained on principal adds $4,769/yr, and annual property appreciation at 5% supports $204,172 by year five. Five-year ROI tracks 99.97% and total cumulative return in cash totals $243,068. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,236/mo property income relative to a $3,617/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
0.28 Acres lot
$N/A/sqft
$28 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84032, Heber City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,398 (100%) |
| Owner Occupied HU | 6,867 (66.0%) |
| Renter Occupied HU | 1,938 (18.6%) |
| Vacant Housing Units | 1,593 (15.3%) |
| Median Home Value | $797,026 |
| Average Home Value | $923,491 |
Housing Distribution
Address Breakdown
Residential
9,194
Single Family
8,375
Multi-Family
819
Businesses
909
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Listed by: Joel Golding • Century 21 Harman Realty
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2031995
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-18 11:45:52 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)