8705 S Newell DrWest JordanUT84088
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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 West Jordan at 8705 S Newell Dr, West Jordan, UT, 84088 listed at $499,999 pairs $2,782/mo rent with a $2,447/mo payment. Total monthly income runs $2,782/mo. Return on cash invested measures 18.84% in year one, and rental yield registers 6.68% at a $499,999 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 96.64% and total cumulative return in cash totals $160,183. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,782/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84088, West Jordan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,455 (100%) |
| Owner Occupied HU | 8,381 (62.3%) |
| Renter Occupied HU | 4,535 (33.7%) |
| Vacant Housing Units | 539 ( 4.0%) |
| Median Home Value | $572,833 |
| Average Home Value | $612,549 |
Housing Distribution
Address Breakdown
Residential
12,352
Single Family
10,190
Multi-Family
2,162
Businesses
1,069
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Listed by: Uriah Gholston • Unity Group Real Estate LLC
Mls Name: UtahRealEstate.com
Mls ID: #2134922