941 N Newberg Pl #2Garden 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 941 N Newberg Pl #2, Garden City, UT, 84028 listed at $429,900 pairs $3,040/mo rent with a $2,104/mo payment to leave $520/mo cash flow. Total monthly income runs $3,040/mo, and annual cash flow reaches $6,245/yr on $142,512 cash to close. Return on cash invested measures 24.29% in year one, and rental yield registers 8.49% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 125.92% and total cumulative return in cash totals $179,455. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,040/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1999
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: Gary C. McKee • Bear Lake Realty Inc
Mls Name: UtahRealEstate.com
Mls ID: #2089758