699 N Gramercy AveOgdenUT84404
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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 Ogden at 699 N Gramercy Ave, Ogden, UT, 84404 priced at $306,000 pairs $1,583/mo rent with after a $1,498/mo payment. Total monthly income equals $1,583/mo. Return on cash invested is 17.42% in year one, and rental yield stands at 6.21% on a $306,000 basis. Equity gained on principal adds $1,975/yr, and 5% annual appreciation accumulates to $84,542 by year five. Five-year ROI measures 89.08% and total cumulative return in cash reaches $90,360. For financing, Ziffy Mortgage’s DSCR program evaluates $1,583/mo property income against a $1,498/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2000
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84404, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,012 (100%) |
| Owner Occupied HU | 17,737 (70.9%) |
| Renter Occupied HU | 6,330 (25.3%) |
| Vacant Housing Units | 945 ( 3.8%) |
| Median Home Value | $460,276 |
| Average Home Value | $499,908 |
Housing Distribution
Address Breakdown
Residential
23,580
Single Family
22,951
Multi-Family
629
Businesses
1,208
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