523 W Raspberry Patch RdGarden CityUT84028
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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 Garden City at 523 W Raspberry Patch Rd, Garden City, UT, 84028 priced at $889,000 pairs $3,304/mo rent with after a $4,351/mo payment. Total monthly income equals $3,304/mo. Return on cash invested is 11.83% in year one, and rental yield stands at 4.46% on a $889,000 basis. Equity gained on principal adds $5,737/yr, and 5% annual appreciation accumulates to $245,614 by year five. Five-year ROI measures 59.19% and total cumulative return in cash reaches $173,114. For financing, Ziffy Mortgage’s DSCR program evaluates $3,304/mo property income against a $4,351/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84028, Garden City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 328 (14.3%) |
| Renter Occupied HU | 82 ( 3.6%) |
| Vacant Housing Units | 1,887 (82.2%) |
| Median Home Value | $589,623 |
| Average Home Value | $601,303 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
108
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Nearby investment properties with comparable prices
Listed by: Kathryn Butler • Homespot Real Estate, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2051044
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-18 09:45:52 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)