8278 S Resaca Dr UNIT L2SandyUT84070
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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 Sandy at 8278 S Resaca Dr UNIT L2, Sandy, UT, 84070 uses $110,290 cash to close to unlock $1,301/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $2,238/mo, and a $1,628/mo payment keeps the spread at $108/mo. Purchase price stands at $332,700, and rental yield measures 8.07% with $2,238/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $91,919 over five years. Five-year ROI reaches 109.45% and total cumulative return in cash records $120,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,238/mo property income covering a $1,628/mo payment rather than investor’s personal income.
Condo
Built in 2013
435 sqft lot
$N/A/sqft
$180 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84070, Sandy, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,560 (100%) |
| Owner Occupied HU | 6,361 (50.6%) |
| Renter Occupied HU | 5,582 (44.4%) |
| Vacant Housing Units | 617 ( 4.9%) |
| Median Home Value | $539,215 |
| Average Home Value | $563,567 |
Housing Distribution
Address Breakdown
Residential
12,485
Single Family
8,985
Multi-Family
3,500
Businesses
2,050
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