LOT 2392 N Velvet Ln #2904,Saratoga Springs,UT,84045

Investment Highlights

Investment property for sale in Saratoga Springs at LOT 2392 N Velvet Ln #2904, Saratoga Springs, UT, 84045 listed at $480,900 pairs $2,838/mo rent with a $2,354/mo payment to leave $19/mo cash flow. Total monthly income runs $2,838/mo, and annual cash flow reaches $229/yr on $159,418 cash to close. Return on cash invested measures 20.05% in year one, and rental yield registers 7.08% at a $480,900 basis. Equity gained on principal adds $3,103/yr, and annual property appreciation at 5% supports $132,864 by year five. Five-year ROI tracks 103.21% and total cumulative return in cash totals $164,531. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,838/mo property income relative to a $2,354/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).