738 E Vanessa Ln #386Garden 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
Investment property for sale in Garden City at 738 E Vanessa Ln #386, Garden City, UT, 84028 earns $207/mo cash flow from $1,590/mo rent with a $1,155/mo payment. Total monthly income totals $1,590/mo, and annual cash flow totals $2,484/yr on $78,201 capital. ROI tracks 23.08% on current figures, and rental yield reads 8.09% at a $235,900 purchase. Equity gained on principal adds $1,522/yr, and 5% annual appreciation supports $65,175 over five years. Five-year ROI reaches 119.45% and total cumulative return in cash sums $93,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,590/mo property income instead of your personal income.
Manufactured
Built in 1976
6,098 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: Tracy L Duncan • Equity Real Estate (Bear River)
Mls Name: UtahRealEstate.com
Mls ID: #2096574