942 N Banner Dr #622Saratoga SpringsUT84045
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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 Saratoga Springs at 942 N Banner Dr #622, Saratoga Springs, UT, 84045 generates $3,476/mo in rent, after a $3,254/mo payment. Total monthly income is $3,476/mo. Return on cash invested sits at 17.75% in year one, and rental yield is 6.27% on a $664,900 entry. Equity gained on principal adds $4,290/yr, while 5% annual appreciation builds toward $183,700 over five years. Five-year ROI reaches 90.83% and total cumulative return in cash sums $198,684. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,476/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Alexis S Evangelista • Edge Realty
Mls Name: UtahRealEstate.com
Mls ID: #2123451