681 N Lochwood VwGarden CityUT84028
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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 Garden City at 681 N Lochwood Vw, Garden City, UT, 84028 priced at $1,599,900 pairs $2,474/mo rent with after a $7,831/mo payment. Total monthly income equals $2,474/mo. Return on cash invested is 4.39% in year one, and rental yield stands at 1.86% on a $1,599,900 basis. Equity gained on principal adds $10,324/yr, and 5% annual appreciation accumulates to $442,023 by year five. Five-year ROI measures 19.08% and total cumulative return in cash reaches $98,888. For financing, Ziffy Mortgage’s DSCR program evaluates $2,474/mo property income against a $7,831/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84028, Garden City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 328 (14.3%) |
| Renter Occupied HU | 82 ( 3.6%) |
| Vacant Housing Units | 1,887 (82.2%) |
| Median Home Value | $589,623 |
| Average Home Value | $601,303 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
108
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Listed by: Malaysia Fua • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2100571