5420 S 350 E APT 43Washington TerraceUT84405
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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 Washington Terrace at 5420 S 350 E APT 43, Washington Terrace, UT, 84405 uses $82,842 cash to close to unlock $1,997/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $1,631/mo, and a $1,223/mo payment keeps the spread at $166/mo. Purchase price stands at $249,900, and rental yield measures 7.83% with $1,631/mo rent. Return on cash invested shows 22.32% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 115.36% and total cumulative return in cash records $95,570. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,631/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 1988
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84405, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,227 (100%) |
| Owner Occupied HU | 9,083 (68.7%) |
| Renter Occupied HU | 3,637 (27.5%) |
| Vacant Housing Units | 507 ( 3.8%) |
| Median Home Value | $492,805 |
| Average Home Value | $542,562 |
Housing Distribution
Address Breakdown
Residential
12,247
Single Family
11,191
Multi-Family
1,056
Businesses
848
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Listed by: Korey Moore • RE/MAX Associates
Mls Name: UtahRealEstate.com
Mls ID: #2112707