973 & 977 W 1080 S #11 & 12RichfieldUT84701
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 973 & 977 W 1080 S #11 & 12, Richfield, UT, 84701 in Richfield the bet is firmly on appreciation. Rental yield 1.66%. The 1.66% gross yield on a $1,038,000 price is below income-first thresholds, but 5%/yr value growth projects $286,780 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.31) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $92,872.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.7% | 6.2% |
| Monthly Cash Flow | $(4,650) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,434 |
| Total Monthly Debt Service | $5,671 |
| DSCR Ratio | 0.25x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2025
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84701, Richfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,557 (100%) |
| Owner Occupied HU | 2,191 (61.6%) |
| Renter Occupied HU | 1,022 (28.7%) |
| Vacant Housing Units | 344 ( 9.7%) |
| Median Home Value | $348,038 |
| Average Home Value | $391,624 |
Housing Distribution
Address Breakdown
Residential
3,244
Single Family
3,166
Multi-Family
78
Businesses
533
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 2025
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84701, Richfield, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,557 (100%) |
| Owner Occupied HU | 2,191 (61.6%) |
| Renter Occupied HU | 1,022 (28.7%) |
| Vacant Housing Units | 344 ( 9.7%) |
| Median Home Value | $348,038 |
| Average Home Value | $391,624 |
Housing Distribution
Address Breakdown
Residential
3,244
Single Family
3,166
Multi-Family
78
Businesses
533
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices