8246 N Cedar Springs Rd APT 1Eagle MountainUT84005
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 8246 N Cedar Springs Rd APT 1, Eagle Mountain, UT, 84005 in Eagle Mountain is narrow, $96/mo net on $1,919/mo rent after the $1,214/mo debt service, but the property operates at break-even-plus, not a loss. At $269,999 with a 8.53% yield, the long-run equity case via 5% appreciation ($74,596 over five years) and $2,487/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.58 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $109,253.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.2% |
| Monthly Cash Flow | $96 | $1,850 |
City averages based on Eagle Mountain market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,919 |
| Total Monthly Debt Service | $1,715 |
| DSCR Ratio | 1.12x |
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 2005
1,742 sqft lot
$N/A/sqft
$240 monthly HOA
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 2005
1,742 sqft lot
$N/A/sqft
$240 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Icenogle • Homie Broker, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2071957
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-03-26 12:50:06 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](/mls-disclaimers/#319)