550 N 650 ELindonUT84042
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lindon at 550 N 650 E, Lindon, UT, 84042 offers a 3.93% rental yield on a $948,000 purchase with $3,103/mo rent. 62% in year one. Equity gained on principal adds $6,117/yr while 5% annual appreciation supports $261,915 over five years. Portfolio math shows five-year ROI at 52.57% and total cumulative return in cash at $163,954. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,103/mo property income against a $4,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1992
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84042, Lindon, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,617 (100%) |
| Owner Occupied HU | 2,725 (75.3%) |
| Renter Occupied HU | 759 (21.0%) |
| Vacant Housing Units | 133 ( 3.7%) |
| Median Home Value | $727,810 |
| Average Home Value | $792,018 |
Housing Distribution
Address Breakdown
Residential
3,539
Single Family
3,401
Multi-Family
138
Businesses
758
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices