804 E Gatewood Dr SSandyUT84094
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Sandy rentals match the income profile of 804 E Gatewood Dr S, Sandy, UT, 84094. Listed at $315,000, gross rent is $2,702/mo and net cash flow is $606/mo, a 10.29% yield well above national averages. DSCR 1.91 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $87,029 by year five with $2,901/yr in annual principal reduction, projecting $174,118 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $606 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,702 |
| Total Monthly Debt Service | $1,721 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1994
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84094, Sandy, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,017 (100%) |
| Owner Occupied HU | 7,163 (71.5%) |
| Renter Occupied HU | 2,667 (26.6%) |
| Vacant Housing Units | 187 ( 1.9%) |
| Median Home Value | $585,294 |
| Average Home Value | $613,428 |
Housing Distribution
Address Breakdown
Residential
9,751
Single Family
8,671
Multi-Family
1,080
Businesses
375
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
Condo
Built in 1994
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84094, Sandy, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,017 (100%) |
| Owner Occupied HU | 7,163 (71.5%) |
| Renter Occupied HU | 2,667 (26.6%) |
| Vacant Housing Units | 187 ( 1.9%) |
| Median Home Value | $585,294 |
| Average Home Value | $613,428 |
Housing Distribution
Address Breakdown
Residential
9,751
Single Family
8,671
Multi-Family
1,080
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices