7040 W 600 NMendonUT84325
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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 Mendon at 7040 W 600 N, Mendon, UT, 84325 uses $157,463 cash to close to unlock $6,418/yr annual cash flow and $535/mo monthly cash flow. Total monthly income runs $3,319/mo, and a $2,325/mo payment keeps the spread at $535/mo. Purchase price stands at $475,000, and rental yield measures 8.38% with $3,319/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 124.26% and total cumulative return in cash records $195,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,319/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84325, Mendon, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 651 (84.7%) |
| Renter Occupied HU | 92 (12.0%) |
| Vacant Housing Units | 26 ( 3.4%) |
| Median Home Value | $603,466 |
| Average Home Value | $660,998 |
Housing Distribution
Address Breakdown
Residential
449
Single Family
449
Multi-Family
0
Businesses
32
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