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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Clearfield at 823 W 1600 S UNIT 1, Clearfield, UT, 84015 generates $1,495/mo in rent, after a $1,884/mo payment. Total monthly income is $1,495/mo. Return on cash invested sits at 11.21% in year one, and rental yield is 4.66% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 56.32% and total cumulative return in cash sums $71,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,495/mo property income rather than buyer’s personal income.
Townhouse
Built in 2019
435.60 sqft lot
$N/A/sqft
$164 monthly HOA
Neighborhood data shown for ZIP Code: 84015, Clearfield, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,567 (100%) |
| Owner Occupied HU | 17,452 (71.0%) |
| Renter Occupied HU | 6,453 (26.3%) |
| Vacant Housing Units | 662 ( 2.7%) |
| Median Home Value | $491,684 |
| Average Home Value | $528,938 |
Residential
23,633
Single Family
21,918
Multi-Family
1,715
Businesses
845
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $385,000 |
| 2021-10-08 | Listing removed | N/A |
| 2021-04-28 | Pending sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2040.07 | -5.30% | $338,000 | -3.70% |
| 2022-10-15 | $2154.24 | 10.06% | $351,000 | 32.45% |
| 2021-10-15 | $1957.28 | 12.95% | $265,000 | 13.73% |
Listed by: Lindsey Bagby • KW Success Keller Williams Realty
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2029031
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 14:32:29 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)
