Condo B Front Third Level Plan, Mt. Rainier,Herriman,UT,84096

Investment Highlights

Rental property for sale in Herriman at Condo B Front Third Level Plan, Mt. Rainier, Herriman, UT, 84096 offers $2,765/mo rent that, after a $1,737/mo payment, leaves $685/mo cash flow. Total monthly income is $2,765/mo, and annual cash flow is $8,219/yr on $117,649 cash. Return on cash invested measures 26.9% in year one, and rental yield stands at 9.35% at a $354,900 entry. Equity gained on principal adds $2,290/yr while 5% annual appreciation compounds into $98,052 by year five. Five-year ROI records 139.87% and total cumulative return in cash reaches $164,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,765/mo property income versus a $1,737/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.