52 S McMichael Ave WGrantsvilleUT84029
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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 Grantsville at 52 S McMichael Ave W, Grantsville, UT, 84029 priced at $320,000 converts $1,999/mo rent into $124/mo cash flow after a $1,566/mo obligation. Total monthly income equals $1,999/mo, and annual cash flow totals $1,484/yr on $106,080 invested. Return on cash invested prints 21.31% in year one, and rental yield reads 7.5% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 109.91% and total cumulative return in cash sums $116,595. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,999/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84029, Grantsville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,045 (100%) |
| Owner Occupied HU | 4,223 (83.7%) |
| Renter Occupied HU | 655 (13.0%) |
| Vacant Housing Units | 167 ( 3.3%) |
| Median Home Value | $492,660 |
| Average Home Value | $509,233 |
Housing Distribution
Address Breakdown
Residential
4,475
Single Family
4,475
Multi-Family
0
Businesses
201
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Listed by: Kimberly Nadine Brown • Utah's Wise Choice Real Estate (Tooele County)
Mls Name: UtahRealEstate.com
Mls ID: #2104675