534 S Locust AvePleasant GroveUT84062
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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 Pleasant Grove at 534 S Locust Ave, Pleasant Grove, UT, 84062 offers a 7.23% rental yield on a $795,000 purchase with $4,790/mo rent. Total monthly income registers $4,790/mo, and a $3,891/mo payment leaves $131/mo available for distribution. Annual cash flow reaches $1,566/yr on $261,555 to close, and return on cash invested stands at 20.66% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 106.4% and total cumulative return in cash at $278,302. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,790/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84062, Pleasant Grove, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,331 (100%) |
| Owner Occupied HU | 9,820 (68.5%) |
| Renter Occupied HU | 4,253 (29.7%) |
| Vacant Housing Units | 258 ( 1.8%) |
| Median Home Value | $608,955 |
| Average Home Value | $658,576 |
Housing Distribution
Address Breakdown
Residential
14,303
Single Family
14,030
Multi-Family
273
Businesses
1,222
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Listed by: Micah Christensen • SONOMA CREEK REALTY LLC
Mls Name: UtahRealEstate.com
Mls ID: #2117282