1122 E 300 S APT I116, Saint George, UT, 84790 | $346/mo Cash Flow

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1122 E 300 S APT I116, Saint George, UT, 84790 | $346/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 Saint George at 1122 E 300 S APT I116, Saint George, UT, 84790 generates $1,723/mo in rent and, after a $1,150/mo payment, leaves $346/mo in cash flow. Total monthly income is $1,723/mo, and annual cash flow is $4,151/yr on $77,869 invested. Return on cash invested sits at 25.24% in year one, and rental yield is 8.8% on a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 130.98% and total cumulative return in cash sums $101,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,723/mo property income rather than buyer’s personal income.

Condo

Built in 1995

N/A lot

$N/A/sqft

No HOA

More details about the property

Prime location! This ground floor unit is just minutes from Utah Tech University, shopping, restaurants and IHC hospital. Idea for first time buyers, second home or investment opportunity. Functional floor plan with 2 bedroom/2 baths. Updates include LVP flooring. The unit includes a one car carport along with an additional parking stall. The unit directly above is also available for purchase (MLS 25-165131), creating an exceptional opportunity.

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