929 N Harbor Village East Dr E UNIT 216BGarden CityUT84028
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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 Garden City at 929 N Harbor Village East Dr E UNIT 216B, Garden City, UT, 84028 offers a 6.08% rental yield on a $375,900 purchase with $1,903/mo rent. 02% in year one. Equity gained on principal adds $2,426/yr while 5% annual appreciation supports $103,854 over five years. Portfolio math shows five-year ROI at 86.92% and total cumulative return in cash at $108,309. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,903/mo property income against a $1,840/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84028, Garden City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 328 (14.3%) |
| Renter Occupied HU | 82 ( 3.6%) |
| Vacant Housing Units | 1,887 (82.2%) |
| Median Home Value | $589,623 |
| Average Home Value | $601,303 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
108
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Listed by: Jennie Ioane • Homie
Mls Name: UtahRealEstate.com
Mls ID: #2105875