588 N Buffalo Grass LnLindonUT84042
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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 Lindon at 588 N Buffalo Grass Ln, Lindon, UT, 84042 priced at $410,700 converts $2,530/mo rent into $123/mo cash flow after a $2,010/mo obligation. Total monthly income equals $2,530/mo, and annual cash flow totals $1,476/yr on $136,147 invested. Return on cash invested prints 20.99% in year one, and rental yield reads 7.39% against a $410,700 entry. Equity gained on principal adds $2,650/yr, while 5% annual appreciation compiles into $113,469 by year five. Five-year ROI reaches 108.21% and total cumulative return in cash sums $147,327. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,530/mo property income covering a $2,010/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
1,301 sqft 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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