LOT 2370 N Velvet Ln #2938,Saratoga Springs,UT,84045

Investment Highlights

Rental property for sale in Saratoga Springs at LOT 2370 N Velvet Ln #2938, Saratoga Springs, UT, 84045 generates $2,982/mo in rent and, after a $2,334/mo payment, leaves $187/mo in cash flow. Total monthly income is $2,982/mo, and annual cash flow is $2,244/yr on $158,092 invested. Return on cash invested sits at 21.33% in year one, and rental yield is 7.5% on a $476,900 entry. Equity gained on principal adds $3,077/yr, while 5% annual appreciation builds toward $131,759 over five years. Five-year ROI reaches 110% and total cumulative return in cash sums $173,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,982/mo property income rather than buyer’s personal income.