8626 W Cordero Dr #1172MagnaUT84044
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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 Magna at 8626 W Cordero Dr #1172, Magna, UT, 84044 uses $125,970 cash to close to unlock $4,688/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $2,618/mo, and a $1,860/mo payment keeps the spread at $391/mo. Purchase price stands at $380,000, and rental yield measures 8.27% with $2,618/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 122.37% and total cumulative return in cash records $154,153. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,618/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
871.20 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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