578 N Locust AveLindonUT84042
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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 Lindon at 578 N Locust Ave, Lindon, UT, 84042 earns from $2,754/mo rent with a $5,384/mo payment. Total monthly income totals $2,754/mo. ROI tracks 7.93% on current figures, and rental yield reads 3% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 38.09% and total cumulative return in cash sums $135,739. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,754/mo property income instead of your personal income.
Single Family
Built in 2021
0.46 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
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