890 E Hamlet Cir N, Midway, UT, 84049 | 6.66% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,669/mo, and a $2,354/mo payment. Purchase price stands at $481,000, and rental yield measures 6.66% with $2,669/mo rent. Return on cash invested shows 18.78% in year one, and 5% annual appreciation builds toward $132,891 over five years. Five-year ROI reaches 96.38% and total cumulative return in cash records $153,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,669/mo property income covering a $2,354/mo payment rather than investor’s personal income.

Condo

Built in 1998

871.20 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 84049, Midway, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,487 (100%)
Owner Occupied HU	2,094 (60.1%)
Renter Occupied HU	431 (12.4%)
Vacant Housing Units	962 (27.6%)
Median Home Value	$915,870
Average Home Value	$1,015,659