947 W Coral Charm Way #K301Saratoga 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 947 W Coral Charm Way #K301, Saratoga Springs, UT, 84045 generates $2,329/mo in rent, after a $1,711/mo payment. Total monthly income is $2,329/mo. Return on cash invested sits at 19.76% in year one, and rental yield is 8% on a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation builds toward $96,560 over five years. Five-year ROI reaches 102.74% and total cumulative return in cash sums $119,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,329/mo property income rather than buyer’s personal income.
Condo
Built in 2023
1,306 sqft lot
$N/A/sqft
$295 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Meagan Greenleaf • Hallmark Real Estate Company of Utah
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2079170
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-04-23 11:33:46 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)