875 S Depot St #B355ClearfieldUT84015
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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 Clearfield at 875 S Depot St #B355, Clearfield, UT, 84015 uses $96,798 cash to close to unlock $1,521/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $1,838/mo, and a $1,429/mo payment keeps the spread at $127/mo. Purchase price stands at $292,000, and rental yield measures 7.55% with $1,838/mo rent. Return on cash invested shows 21.48% in year one, and 5% annual appreciation builds toward $80,674 over five years. Five-year ROI reaches 110.84% and total cumulative return in cash records $107,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,838/mo property income covering a $1,429/mo payment rather than investor’s personal income.
Condo
Built in 2019
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84015, Clearfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,567 (100%) |
| Owner Occupied HU | 17,452 (71.0%) |
| Renter Occupied HU | 6,453 (26.3%) |
| Vacant Housing Units | 662 ( 2.7%) |
| Median Home Value | $491,684 |
| Average Home Value | $528,938 |
Housing Distribution
Address Breakdown
Residential
23,633
Single Family
21,918
Multi-Family
1,715
Businesses
845
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Listed by: Elisa Johnson • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2096208