5488 S 250 EWashington 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
Rental property for sale in Washington Terrace at 5488 S 250 E, Washington Terrace, UT, 84405 generates $1,931/mo in rent, after a $1,982/mo payment. Total monthly income is $1,931/mo. Return on cash invested sits at 15.95% in year one, and rental yield is 5.72% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 81.22% and total cumulative return in cash sums $109,046. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,931/mo property income rather than buyer’s personal income.
Condo
Built in 1979
435.60 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: V. Wade Henderson • Utah Real Estate PC
Mls Name: UtahRealEstate.com
Mls ID: #2114580