7337 W Laxey StMagnaUT84044
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Magna at 7337 W Laxey St, Magna, UT, 84044 earns from $1,720/mo rent with a $6,265/mo payment. Total monthly income totals $1,720/mo. ROI tracks 0.99% on current figures, and rental yield reads 1.61% at a $1,280,000 purchase. Equity gained on principal adds $8,260/yr, and 5% annual appreciation supports $353,640 over five years. Five-year ROI reaches 1.82% and total cumulative return in cash sums $7,536. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,720/mo property income instead of your personal income.
Multi Family
Built in 2020
3,484 sqft lot
$N/A/sqft
$915 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84044, Magna, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,566 (100%) |
| Owner Occupied HU | 8,272 (78.3%) |
| Renter Occupied HU | 2,071 (19.6%) |
| Vacant Housing Units | 223 ( 2.1%) |
| Median Home Value | $512,262 |
| Average Home Value | $555,347 |
Housing Distribution
Address Breakdown
Residential
10,247
Single Family
10,011
Multi-Family
236
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen R Olson • Capital Advisors Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2002353
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 07:25:54 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)