6502 N 14500 WAltonahUT84002
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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
Investment property for sale in Altonah at 6502 N 14500 W, Altonah, UT, 84002 uses $76,245 cash to close to unlock $11,192/yr annual cash flow and $933/mo monthly cash flow. Total monthly income runs $2,281/mo, and a $1,126/mo payment keeps the spread at $933/mo. Purchase price stands at $230,000, and rental yield measures 11.9% with $2,281/mo rent. Return on cash invested shows 34.59% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 181.13% and total cumulative return in cash records $138,103. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,281/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84002, Altonah, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16 (100%) |
| Owner Occupied HU | 11 (68.7%) |
| Renter Occupied HU | 2 (12.5%) |
| Vacant Housing Units | 3 (18.7%) |
| Median Home Value | $350,000 |
| Average Home Value | $319,545 |
Housing Distribution
Address Breakdown
Residential
48
Single Family
48
Multi-Family
0
Businesses
1
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