8276 W Joshua Tree LnMagnaUT84044
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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
Rental property for sale in Magna at 8276 W Joshua Tree Ln, Magna, UT, 84044 priced at $449,300 converts $1,806/mo rent into after a $2,199/mo obligation. Total monthly income equals $1,806/mo. Return on cash invested prints 13.24% in year one, and rental yield reads 4.82% against a $449,300 entry. Equity gained on principal adds $2,899/yr, while 5% annual appreciation compiles into $124,133 by year five. Five-year ROI reaches 66.66% and total cumulative return in cash sums $99,290. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,806/mo property income covering a $2,199/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84044, Magna, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,566 (100%) |
| Owner Occupied HU | 8,272 (78.3%) |
| Renter Occupied HU | 2,071 (19.6%) |
| Vacant Housing Units | 223 ( 2.1%) |
| Median Home Value | $512,262 |
| Average Home Value | $555,347 |
Housing Distribution
Address Breakdown
Residential
10,247
Single Family
10,011
Multi-Family
236
Businesses
288
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