634 Wasatch Way, Syracuse, UT, 84075 | 6.3% Rental Yield

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634 Wasatch Way, Syracuse, UT, 84075 | 6.3% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Syracuse at 634 Wasatch Way, Syracuse, UT, 84075 at $719,000 posts ROI 17.82% with from $3,773/mo rent. Total monthly income equals $3,773/mo. Return on cash invested measures 17.82% and rental yield reads 6.3% at the current $719,000. Equity gained on principal adds $4,640/yr, and 5% annual appreciation supports $198,646 by year five. Five-year ROI prints 91.18% and total cumulative return in cash totals $215,693. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,773/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2007

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained single family home located in the highly desirable Wasatch Villas neighborhood in the city of Syracuse. Featuring bright newly painted walls & new carpet, this open floor plan rambler offers three generously sized bedrooms, laundry & two & a half bathrooms all on the main level for convenient single level living. The spacious kitchen & dining area flow nicely into the cozy family room, complete with a gas fireplace perfect for entertaining or just relaxing at home. The primary bedroom includes a walk in closet and a bathroom with separate tub & shower. Downstairs you'll find a full, unfinished basement ready for your personal touch and room to grow! Outside, feel comfortable with a newer roof, enjoy a fully landscaped yard with automatic sprinklers and distant backyard neighbors, a covered patio ideal for outdoor gatherings and don't forget the roomy 3 car garage that provides ample storage & parking. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

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