823 Creek LnFarmingtonUT84025
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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 Farmington at 823 Creek Ln, Farmington, UT, 84025 earns from $3,889/mo rent with a $3,304/mo payment. Total monthly income totals $3,889/mo. ROI tracks 19.7% on current figures, and rental yield reads 6.91% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 101.24% and total cumulative return in cash sums $224,823. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,889/mo property income instead of your personal income.
Single Family
Built in 1997
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84025, Farmington, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 6,104 (75.0%) |
| Renter Occupied HU | 1,816 (22.3%) |
| Vacant Housing Units | 221 ( 2.7%) |
| Median Home Value | $726,006 |
| Average Home Value | $806,631 |
Housing Distribution
Address Breakdown
Residential
7,914
Single Family
7,666
Multi-Family
248
Businesses
580
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Listed by: RYAN M KRAMER • RE/MAX ASSOCIATES ST GEORGE
Mls Name: WCBR
Mls ID: #25-263100
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.