1015 S River Rd UNIT 37St GeorgeUT84790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 St George at 1015 S River Rd UNIT 37, St George, UT, 84790 offers a 7.12% rental yield on a $329,000 purchase with $1,952/mo rent. Total monthly income registers $1,952/mo, and a $1,610/mo payment leaves $24/mo available for distribution. Annual cash flow reaches $288/yr on $109,064 to close, and return on cash invested stands at 20.17% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 103.81% and total cumulative return in cash at $113,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,952/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84790, Saint George, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,406 (100%) |
| Owner Occupied HU | 17,466 (71.6%) |
| Renter Occupied HU | 4,678 (19.2%) |
| Vacant Housing Units | 2,262 ( 9.3%) |
| Median Home Value | $621,089 |
| Average Home Value | $684,205 |
Housing Distribution
Address Breakdown
Residential
22,487
Single Family
21,536
Multi-Family
951
Businesses
1,526
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices