Townsend Plan, Lookout Mountain | OLO BuildersGarlandUT84312
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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 Garland at Townsend Plan, Lookout Mountain | OLO Builders, Garland, UT, 84312 priced at $602,750 pairs $3,389/mo rent with after a $2,950/mo payment. Total monthly income equals $3,389/mo. Return on cash invested is 19.19% in year one, and rental yield stands at 6.75% on a $602,750 basis. Equity gained on principal adds $3,889/yr, and 5% annual appreciation accumulates to $166,529 by year five. Five-year ROI measures 98.53% and total cumulative return in cash reaches $195,395. For financing, Ziffy Mortgage’s DSCR program evaluates $3,389/mo property income against a $2,950/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84312, Garland, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,645 (100%) |
| Owner Occupied HU | 1,298 (78.9%) |
| Renter Occupied HU | 320 (19.5%) |
| Vacant Housing Units | 27 ( 1.6%) |
| Median Home Value | $419,157 |
| Average Home Value | $472,252 |
Housing Distribution
Address Breakdown
Residential
1,335
Single Family
1,331
Multi-Family
4
Businesses
61
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