Cedar Ridge Plan, Foothill LoftsLoganUT84341
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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 Logan at Cedar Ridge Plan, Foothill Lofts, Logan, UT, 84341 priced at $599,350 converts $2,561/mo rent into after a $2,934/mo obligation. Total monthly income equals $2,561/mo. Return on cash invested prints 14.26% in year one, and rental yield reads 5.13% against a $599,350 entry. Equity gained on principal adds $3,868/yr, while 5% annual appreciation compiles into $165,589 by year five. Five-year ROI reaches 72.11% and total cumulative return in cash sums $142,188. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,561/mo property income covering a $2,934/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84341, Logan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,110 (100%) |
| Owner Occupied HU | 4,147 (41.0%) |
| Renter Occupied HU | 5,529 (54.7%) |
| Vacant Housing Units | 434 ( 4.3%) |
| Median Home Value | $486,353 |
| Average Home Value | $547,285 |
Housing Distribution
Address Breakdown
Residential
9,614
Single Family
9,075
Multi-Family
539
Businesses
801
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