8520 W Oquirrh Hills Dr S #208MagnaUT84044
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Magna rentals match the income profile of 8520 W Oquirrh Hills Dr S #208, Magna, UT, 84044. Listed at $159,700, gross rent is $2,836/mo and net cash flow is $855/mo, a 21.31% yield well above national averages. DSCR 3.95 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $44,122 by year five with $1,471/yr in annual principal reduction, projecting $119,905 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.3% | 6.2% |
| Monthly Cash Flow | $855 | $450 |
City averages based on Magna market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,836 |
| Total Monthly Debt Service | $1,917 |
| DSCR Ratio | 1.48x |
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.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
$1,045 monthly 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
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
Manufactured
Built in 1996
N/A lot
$N/A/sqft
$1,045 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices