Aspen #1 Plan, Cypress Cove TownhomesWest Valley CityUT84124
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find Aspen #1 Plan, Cypress Cove Townhomes, West Valley City, UT, 84124 in West Valley City worth modelling. At $523,950 with a 7.93% gross yield, the $3,464/mo rent leaves $188/mo after the $2,356/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.47 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $144,758 by year five; $4,826/yr in principal reduction adds further equity. Total projected return: $210,943.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.8% |
| Monthly Cash Flow | $188 | $1,250 |
City averages based on West Valley City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,464 |
| Total Monthly Debt Service | $3,067 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
$205 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84124, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,584 (100%) |
| Owner Occupied HU | 5,990 (69.8%) |
| Renter Occupied HU | 2,179 (25.4%) |
| Vacant Housing Units | 415 ( 4.8%) |
| Median Home Value | $815,928 |
| Average Home Value | $897,025 |
Housing Distribution
Address Breakdown
Residential
8,362
Single Family
7,468
Multi-Family
894
Businesses
444
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
Townhouse
Built in 2026
N/A lot
$N/A/sqft
$205 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84124, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,584 (100%) |
| Owner Occupied HU | 5,990 (69.8%) |
| Renter Occupied HU | 2,179 (25.4%) |
| Vacant Housing Units | 415 ( 4.8%) |
| Median Home Value | $815,928 |
| Average Home Value | $897,025 |
Housing Distribution
Address Breakdown
Residential
8,362
Single Family
7,468
Multi-Family
894
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Liberty Homes
Mls Name: Liberty Homes
Mls Provider:
Mls ID: #N/A