5537 E Elkhorn DrEdenUT84310
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
Rental property for sale in Eden at 5537 E Elkhorn Dr, Eden, UT, 84310 offers $5,434/mo rent that, after a $6,730/mo payment. Total monthly income is $5,434/mo. Return on cash invested measures 13.3% in year one, and rental yield stands at 4.74% at a $1,375,000 entry. Equity gained on principal adds $8,873/yr while 5% annual appreciation compounds into $379,887 by year five. Five-year ROI records 66.85% and total cumulative return in cash reaches $297,834. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,434/mo property income versus a $6,730/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84310, Eden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,955 (100%) |
| Owner Occupied HU | 1,774 (60.0%) |
| Renter Occupied HU | 173 ( 5.9%) |
| Vacant Housing Units | 1,008 (34.1%) |
| Median Home Value | $851,048 |
| Average Home Value | $918,038 |
Housing Distribution
Address Breakdown
Residential
1,671
Single Family
1,404
Multi-Family
267
Businesses
146
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Nearby investment properties with comparable prices
Listed by: Stacey Chaffin • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2024636
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-16 07:10:39 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)