8083 N Ridge Loop E #I-3Eagle MountainUT84043
INVESTMENT ANALYSIS
Investment Verdict
Solid Income8083 N Ridge Loop E #I-3, Eagle Mountain, UT, 84043 in Eagle Mountain is a solid income-producing rental, 9.12% gross yield, $2,015/mo rent, $212/mo net cash flow on a $265,000 buy. DSCR 1.69 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $73,215 and $2,441/yr in principal reduction project a total cumulative return of $129,811.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.2% |
| Monthly Cash Flow | $212 | $1,850 |
City averages based on Eagle Mountain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,015 |
| Total Monthly Debt Service | $1,448 |
| DSCR Ratio | 1.39x |
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 2001
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84043, Lehi, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,595 (100%) |
| Owner Occupied HU | 20,440 (74.1%) |
| Renter Occupied HU | 6,027 (21.8%) |
| Vacant Housing Units | 1,128 ( 4.1%) |
| Median Home Value | $647,006 |
| Average Home Value | $702,389 |
Housing Distribution
Address Breakdown
Residential
26,063
Single Family
23,687
Multi-Family
2,376
Businesses
2,078
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 2001
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84043, Lehi, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,595 (100%) |
| Owner Occupied HU | 20,440 (74.1%) |
| Renter Occupied HU | 6,027 (21.8%) |
| Vacant Housing Units | 1,128 ( 4.1%) |
| Median Home Value | $647,006 |
| Average Home Value | $702,389 |
Housing Distribution
Address Breakdown
Residential
26,063
Single Family
23,687
Multi-Family
2,376
Businesses
2,078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: UtahRealEstate.com
Mls ID: #2140703