587 W Bayhill DrMidwayUT84049
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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
Rental property for sale in Midway at 587 W Bayhill Dr, Midway, UT, 84049 offers $5,708/mo rent that, after a $6,461/mo payment. Total monthly income is $5,708/mo. Return on cash invested measures 14.68% in year one, and rental yield stands at 5.19% at a $1,320,000 entry. Equity gained on principal adds $8,518/yr while 5% annual appreciation compounds into $364,692 by year five. Five-year ROI records 74.24% and total cumulative return in cash reaches $317,527. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,708/mo property income versus a $6,461/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84049, Midway, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 2,094 (60.1%) |
| Renter Occupied HU | 431 (12.4%) |
| Vacant Housing Units | 962 (27.6%) |
| Median Home Value | $915,870 |
| Average Home Value | $1,015,659 |
Housing Distribution
Address Breakdown
Residential
2,478
Single Family
2,282
Multi-Family
196
Businesses
244
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