8578 W Bowie DrMagnaUT84044
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
Investment Highlights
Rental property for sale in Magna at 8578 W Bowie Dr, Magna, UT, 84044 priced at $495,000 converts $3,374/mo rent into $284/mo cash flow after a $2,423/mo obligation. Total monthly income equals $3,374/mo, and annual cash flow totals $3,402/yr on $164,093 invested. Return on cash invested prints 21.98% in year one, and rental yield reads 8.18% against a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,759 by year five. Five-year ROI reaches 114.04% and total cumulative return in cash sums $187,126. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,374/mo property income covering a $2,423/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
1,306 sqft lot
$N/A/sqft
$189 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
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Listed by: Karina Bassett • Fathom Realty (Union Park)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2084109
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-06-11 12:02:36 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)