556 N Fairfield Rd #D-3LaytonUT84040
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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 Layton at 556 N Fairfield Rd #D-3, Layton, UT, 84040 earns $245/mo cash flow from $1,681/mo rent with a $1,199/mo payment. Total monthly income totals $1,681/mo, and annual cash flow totals $2,943/yr on $81,184 capital. ROI tracks 23.53% on current figures, and rental yield reads 8.24% at a $244,900 purchase. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 over five years. Five-year ROI reaches 121.91% and total cumulative return in cash sums $98,969. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,681/mo property income instead of your personal income.
Condo
Built in 1984
435.60 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 84040, Layton, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,227 (100%) |
| Owner Occupied HU | 7,626 (82.6%) |
| Renter Occupied HU | 1,389 (15.1%) |
| Vacant Housing Units | 212 ( 2.3%) |
| Median Home Value | $616,598 |
| Average Home Value | $643,334 |
Housing Distribution
Address Breakdown
Residential
8,864
Single Family
8,743
Multi-Family
121
Businesses
120
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: Condo
- Year Built: 1984
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Covered
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Damon T Bocchino • Intermountain Realty Inc.
Mls Name: UtahRealEstate.com
Mls ID: #2127189