923 E Binford StOgdenUT84401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ogden at 923 E Binford St, Ogden, UT, 84401 offers $2,216/mo rent that, after a $1,492/mo payment, leaves $429/mo cash flow. Total monthly income is $2,216/mo, and annual cash flow is $5,151/yr on $101,074 cash. Return on cash invested measures 25.01% in year one, and rental yield stands at 8.72% at a $304,900 entry. Equity gained on principal adds $1,967/yr while 5% annual appreciation compounds into $84,238 by year five. Five-year ROI records 129.78% and total cumulative return in cash reaches $131,174. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,216/mo property income versus a $1,492/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84401, Ogden, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,782 (100%) |
| Owner Occupied HU | 11,030 (55.8%) |
| Renter Occupied HU | 7,369 (37.3%) |
| Vacant Housing Units | 1,383 ( 7.0%) |
| Median Home Value | $499,964 |
| Average Home Value | $563,384 |
Housing Distribution
Address Breakdown
Residential
19,062
Single Family
17,020
Multi-Family
2,042
Businesses
1,847
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Listed by: Jeremy Peterson • Vesta Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2073842
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-03-31 11:22:24 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)