53 W Lake View Terrace Rd, Saratoga Springs, UT, 84045 | $389/mo Cash Flow

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53 W Lake View Terrace Rd, Saratoga Springs, UT, 84045 | $389/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saratoga Springs at 53 W Lake View Terrace Rd, Saratoga Springs, UT, 84045 listed at $550,000 pairs $3,613/mo rent with a $2,692/mo payment to leave $389/mo cash flow. Total monthly income runs $3,613/mo, and annual cash flow reaches $4,672/yr on $180,950 cash to close. Return on cash invested measures 22.64% in year one, and rental yield registers 7.88% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 117.04% and total cumulative return in cash totals $211,786. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,613/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2012

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

GREAT VALUE* Quiet street in the Lake View Terrace community with mountain views and close access to Utah lake. OPEN FLOOR PLAN with neutral finishes, a spacious kitchen with a large island and stainless appliances, and easy access to the back deck for indoor/ outdoor living. The main level includes a cozy family room with a fireplace, a dedicated office, a versatile bonus/bedroom, and a main-level primary suite with an ensuite bath. The finished lower level adds two more bedrooms with a kitchenette, a full bath,... overall perfect for guests or extra space to relax. Located near Utah Lake and the Lake Mountains, this home offers scenic surroundings, outdoor recreation close by, and convenient access to shopping and schools. EASY TO SHOW!