6487 W Newton Farm Dr SWest Valley CityUT84128
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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 West Valley City at 6487 W Newton Farm Dr S, West Valley City, UT, 84128 generates $2,143/mo in rent, after a $4,596/mo payment. Total monthly income is $2,143/mo. Return on cash invested sits at 7.01% in year one, and rental yield is 2.74% on a $939,000 entry. Equity gained on principal adds $6,059/yr, while 5% annual appreciation builds toward $259,428 over five years. Five-year ROI reaches 33.19% and total cumulative return in cash sums $102,532. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,143/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84128, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,484 (100%) |
| Owner Occupied HU | 7,127 (84.0%) |
| Renter Occupied HU | 1,253 (14.8%) |
| Vacant Housing Units | 104 ( 1.2%) |
| Median Home Value | $510,636 |
| Average Home Value | $588,218 |
Housing Distribution
Address Breakdown
Residential
8,313
Single Family
8,191
Multi-Family
122
Businesses
129
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Listed by: Monique Higginson • Market Source Real Estate LLC
Mls Name: UtahRealEstate.com
Mls ID: #2108238