88 N Parkside LoopElk RidgeUT84651
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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 Elk Ridge at 88 N Parkside Loop, Elk Ridge, UT, 84651 listed at $553,300 pairs $2,249/mo rent with a $2,708/mo payment. Total monthly income runs $2,249/mo. Return on cash invested measures 13.51% in year one, and rental yield registers 4.88% at a $553,300 basis. Equity gained on principal adds $3,570/yr, and annual property appreciation at 5% supports $152,867 by year five. Five-year ROI tracks 68.08% and total cumulative return in cash totals $123,926. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,249/mo property income relative to a $2,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 2018
2,395 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84651, Payson, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,360 (100%) |
| Owner Occupied HU | 7,284 (77.8%) |
| Renter Occupied HU | 1,834 (19.6%) |
| Vacant Housing Units | 242 ( 2.6%) |
| Median Home Value | $558,916 |
| Average Home Value | $577,660 |
Housing Distribution
Address Breakdown
Residential
9,555
Single Family
9,551
Multi-Family
4
Businesses
510
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