518 N 220 EMendonUT84325
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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 Mendon at 518 N 220 E, Mendon, UT, 84325 uses $243,131 cash to close to unlock $56/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $4,336/mo, and a $3,617/mo payment keeps the spread at $5/mo. Purchase price stands at $739,000, and rental yield measures 7.04% with $4,336/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 103.31% and total cumulative return in cash records $251,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,336/mo property income covering a $3,617/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84325, Mendon, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 651 (84.7%) |
| Renter Occupied HU | 92 (12.0%) |
| Vacant Housing Units | 26 ( 3.4%) |
| Median Home Value | $603,466 |
| Average Home Value | $660,998 |
Housing Distribution
Address Breakdown
Residential
449
Single Family
449
Multi-Family
0
Businesses
32
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