863 S 980 WRichfieldUT84701
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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 Richfield at 863 S 980 W, Richfield, UT, 84701 uses $102,765 cash to close to unlock $376/yr annual cash flow and $31/mo monthly cash flow. Total monthly income runs $1,848/mo, and a $1,517/mo payment keeps the spread at $31/mo. Purchase price stands at $310,000, and rental yield measures 7.15% with $1,848/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 104.41% and total cumulative return in cash records $107,299. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,848/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1996
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84701, Richfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,557 (100%) |
| Owner Occupied HU | 2,191 (61.6%) |
| Renter Occupied HU | 1,022 (28.7%) |
| Vacant Housing Units | 344 ( 9.7%) |
| Median Home Value | $348,038 |
| Average Home Value | $391,624 |
Housing Distribution
Address Breakdown
Residential
3,244
Single Family
3,166
Multi-Family
78
Businesses
533
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