624 N 650 NSmithfieldUT84335
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.06% yield at 624 N 650 N, Smithfield, UT, 84335 in Smithfield is solid, but the $1,555/mo payment compresses net cash flow to $7/mo at $345,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $95,566 by year five, and $3,186/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.31) without U.S. income documentation. Total projected return: $131,129.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 6.2% |
| Monthly Cash Flow | $7 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $1,890 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84335, Smithfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,209 (100%) |
| Owner Occupied HU | 4,105 (78.8%) |
| Renter Occupied HU | 995 (19.1%) |
| Vacant Housing Units | 109 ( 2.1%) |
| Median Home Value | $474,032 |
| Average Home Value | $506,588 |
Housing Distribution
Address Breakdown
Residential
5,062
Single Family
4,930
Multi-Family
132
Businesses
229
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
Townhouse
Built in 2025
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84335, Smithfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,209 (100%) |
| Owner Occupied HU | 4,105 (78.8%) |
| Renter Occupied HU | 995 (19.1%) |
| Vacant Housing Units | 109 ( 2.1%) |
| Median Home Value | $474,032 |
| Average Home Value | $506,588 |
Housing Distribution
Address Breakdown
Residential
5,062
Single Family
4,930
Multi-Family
132
Businesses
229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chase Morrell • Visionary Real Estate
Mls Name: UtahRealEstate.com
Mls ID: #2110419