6647 W Herdon Way 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
Total monthly income runs $2,549/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 5.56% with $2,549/mo rent. Return on cash invested shows 15.59% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 79.21% and total cumulative return in cash records $143,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,549/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1996
9,583 sqft 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: Maria Teresa Macias • Coldwell Banker Realty (Salt Lake-Sugar House)
Mls Name: UtahRealEstate.com
Mls ID: #2120036