586 N Grove Creek LnFarmingtonUT84025
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 Farmington at 586 N Grove Creek Ln, Farmington, UT, 84025 at $1,350,000 posts ROI 2.79% with from $1,594/mo rent. Total monthly income equals $1,594/mo. Return on cash invested measures 2.79% and rental yield reads 1.42% at the current $1,350,000. Equity gained on principal adds $8,711/yr, and 5% annual appreciation supports $372,980 by year five. Five-year ROI prints 10.57% and total cumulative return in cash totals $46,241. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,594/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
0.37 Acres lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84025, Farmington, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 6,104 (75.0%) |
| Renter Occupied HU | 1,816 (22.3%) |
| Vacant Housing Units | 221 ( 2.7%) |
| Median Home Value | $726,006 |
| Average Home Value | $806,631 |
Housing Distribution
Address Breakdown
Residential
7,914
Single Family
7,666
Multi-Family
248
Businesses
580
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Nearby investment properties with comparable prices
Listed by: Jared English • Congress Realty Inc
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2071280
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-03-20 11:36:48 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](/mls-disclaimers/#319)