Grindstone Plan, The Carriages at RidgeviewAmerican ForkUT84003
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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
Investment property for sale in American Fork at Grindstone Plan, The Carriages at Ridgeview, American Fork, UT, 84003 at $590,490 posts ROI 18.25% with from $3,167/mo rent. Total monthly income equals $3,167/mo. Return on cash invested measures 18.25% and rental yield reads 6.44% at the current $590,490. Equity gained on principal adds $3,810/yr, and 5% annual appreciation supports $163,142 by year five. Five-year ROI prints 93.47% and total cumulative return in cash totals $181,586. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,167/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84003, American Fork, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,220 (100%) |
| Owner Occupied HU | 13,740 (71.5%) |
| Renter Occupied HU | 4,735 (24.6%) |
| Vacant Housing Units | 745 ( 3.9%) |
| Median Home Value | $674,425 |
| Average Home Value | $756,543 |
Housing Distribution
Address Breakdown
Residential
19,159
Single Family
18,903
Multi-Family
256
Businesses
1,665
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Listed by: N/A • David Weekley Homes
Mls Name: David Weekley Homes
Mls Provider:
Mls ID: #N/A