981 S Lakeview DrBountifulUT84010
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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 Bountiful at 981 S Lakeview Dr, Bountiful, UT, 84010 priced at $675,900 converts $3,631/mo rent into after a $3,308/mo obligation. Total monthly income equals $3,631/mo. Return on cash invested prints 17.68% in year one, and rental yield reads 6.45% against a $675,900 entry. Equity gained on principal adds $4,361/yr, while 5% annual appreciation compiles into $186,739 by year five. Five-year ROI reaches 90.66% and total cumulative return in cash sums $201,609. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,631/mo property income covering a $3,308/mo payment, not borrower’s personal income.
Single Family
Built in 2013
8,015 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84010, Bountiful, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,261 (100%) |
| Owner Occupied HU | 11,682 (67.7%) |
| Renter Occupied HU | 5,116 (29.6%) |
| Vacant Housing Units | 463 ( 2.7%) |
| Median Home Value | $612,526 |
| Average Home Value | $664,270 |
Housing Distribution
Address Breakdown
Residential
16,474
Single Family
15,616
Multi-Family
858
Businesses
1,143
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