611 E Lagoon StRooseveltUT84066
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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 Roosevelt at 611 E Lagoon St, Roosevelt, UT, 84066 priced at $349,000 converts $2,281/mo rent into $236/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,281/mo, and annual cash flow totals $2,828/yr on $115,694 invested. Return on cash invested prints 22.35% in year one, and rental yield reads 7.84% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 115.52% and total cumulative return in cash sums $133,644. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,281/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1967
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84066, Roosevelt, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,401 (67.9%) |
| Renter Occupied HU | 997 (19.9%) |
| Vacant Housing Units | 610 (12.2%) |
| Median Home Value | $341,313 |
| Average Home Value | $395,339 |
Housing Distribution
Address Breakdown
Residential
4,384
Single Family
4,384
Multi-Family
0
Businesses
470
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