875 S Depot St E #C307ClearfieldUT84015
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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
Rental property for sale in Clearfield at 875 S Depot St E #C307, Clearfield, UT, 84015 generates $1,808/mo in rent, after a $1,517/mo payment. Total monthly income is $1,808/mo. Return on cash invested sits at 19.81% in year one, and rental yield is 7% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 101.9% and total cumulative return in cash sums $104,688. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,808/mo property income rather than buyer’s personal income.
Condo
Built in 2020
871.20 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: Pedro Garrido Pargas • KW South Valley Keller Williams
Mls Name: UtahRealEstate.com
Mls ID: #2125233