9242 Emerald Lake CvPleasant GroveUT84062
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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 Pleasant Grove at 9242 Emerald Lake Cv, Pleasant Grove, UT, 84062 generates $3,046/mo in rent, after a $4,650/mo payment. Total monthly income is $3,046/mo. Return on cash invested sits at 10.38% in year one, and rental yield is 3.85% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 51.25% and total cumulative return in cash sums $160,190. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,046/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84062, Pleasant Grove, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,331 (100%) |
| Owner Occupied HU | 9,820 (68.5%) |
| Renter Occupied HU | 4,253 (29.7%) |
| Vacant Housing Units | 258 ( 1.8%) |
| Median Home Value | $608,955 |
| Average Home Value | $658,576 |
Housing Distribution
Address Breakdown
Residential
14,303
Single Family
14,030
Multi-Family
273
Businesses
1,222
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Listed by: Kimberly A Mangel • KW WESTFIELD
Mls Name: UtahRealEstate.com
Mls ID: #2124674