1045 S 1700 W APT 1533, Payson, UT, 84651 | $324/mo Cash Flow

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1045 S 1700 W APT 1533, Payson, UT, 84651 | $324/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Payson at 1045 S 1700 W APT 1533, Payson, UT, 84651 generates $1,906/mo in rent and, after a $1,321/mo payment, leaves $324/mo in cash flow. Total monthly income is $1,906/mo, and annual cash flow is $3,889/yr on $89,472 invested. Return on cash invested sits at 24.26% in year one, and rental yield is 8.47% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 125.77% and total cumulative return in cash sums $112,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,906/mo property income rather than buyer’s personal income.

Condo

Built in 2014

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into turnkey comfort in this Top Level 3 bedroom, 2 bath, 1,210 sq ft condo-set in a newer 2013 building and refreshed top-to-bottom with brand-new laminate flooring and fresh paint. The light-filled living area centers around a gorgeous stone fireplace, creating an inviting spot to unwind or host friends. You'll love the location: minutes to I-15 for an easy commute, plus Walmart is roughly a 5-minute drive and you're surrounded by great places to eat. Stylish, low-maintenance, and truly move-in ready-this one checks the boxes.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84651, Payson, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,360 (100%)
Owner Occupied HU	7,284 (77.8%)
Renter Occupied HU	1,834 (19.6%)
Vacant Housing Units	242 ( 2.6%)
Median Home Value	$558,916
Average Home Value	$577,660