723 E Vanessa Ln, Garden City, UT, 84028 | $238/mo Cash Flow

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Garden City at 723 E Vanessa Ln, Garden City, UT, 84028 offers a 9.52% rental yield on a $115,000 purchase with $912/mo rent. Total monthly income registers $912/mo, and a $563/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,854/yr on $38,123 to close, and return on cash invested stands at 27.4% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 142.59% and total cumulative return in cash at $54,357. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $912/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2002

6,534 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