534 S Locust Ave, Pleasant Grove, UT, 84062 | 2.66% Rental Yield

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Price: $300K - 500K

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534 S Locust Ave, Pleasant Grove, UT, 84062 | 2.66% Rental Yield | 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 Pleasant Grove at 534 S Locust Ave, Pleasant Grove, UT, 84062 offers a 2.66% rental yield on a $825,000 purchase with $1,830/mo rent. 77% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 31.93% and total cumulative return in cash at $86,673. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,830/mo property income against a $4,038/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

More details about the property

Great home in a quiet little culdesac, with a gorgeous, recently finished 3 bed/2 bath apartment in the basement! Walking distance (across the street!) from the PG Rec Center, pickleball courts, and PG High School! Main level and upstairs has 5 bedrooms and 3 full baths, in addition to the 3/2 basement. Storage room can be accessed from either upstairs or downstairs. Owner/Broker- Please see private remarks for owner/agent's cell number!

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