840 Bigler Ln #1012MidwayUT84049
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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 Midway at 840 Bigler Ln #1012, Midway, UT, 84049 uses $129,285 cash to close to unlock $4,536/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $2,664/mo, and a $1,909/mo payment keeps the spread at $378/mo. Purchase price stands at $390,000, and rental yield measures 8.2% with $2,664/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 121.22% and total cumulative return in cash records $156,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,664/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Condo
Built in 2004
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84049, Midway, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 2,094 (60.1%) |
| Renter Occupied HU | 431 (12.4%) |
| Vacant Housing Units | 962 (27.6%) |
| Median Home Value | $915,870 |
| Average Home Value | $1,015,659 |
Housing Distribution
Address Breakdown
Residential
2,478
Single Family
2,282
Multi-Family
196
Businesses
244
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