602 S 1550 WSyracuseUT84075
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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 Syracuse at 602 S 1550 W, Syracuse, UT, 84075 generates $3,692/mo in rent and, after a $2,694/mo payment, leaves $421/mo in cash flow. Total monthly income is $3,692/mo, and annual cash flow is $5,051/yr on $181,082 invested. Return on cash invested sits at 22.85% in year one, and rental yield is 8.05% on a $550,400 entry. Equity gained on principal adds $3,552/yr, while 5% annual appreciation builds toward $152,065 over five years. Five-year ROI reaches 118.24% and total cumulative return in cash sums $214,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,692/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
7,840 sqft lot
$N/A/sqft
$45 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84075, Syracuse, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,010 (100%) |
| Owner Occupied HU | 9,387 (85.3%) |
| Renter Occupied HU | 1,351 (12.3%) |
| Vacant Housing Units | 272 ( 2.5%) |
| Median Home Value | $626,412 |
| Average Home Value | $642,121 |
Housing Distribution
Address Breakdown
Residential
10,373
Single Family
10,373
Multi-Family
0
Businesses
206
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