11244 E 6000 N, Lapoint, UT, 84039 | $344/mo Cash Flow

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11244 E 6000 N, Lapoint, UT, 84039 | $344/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

Investment property for sale in Lapoint at 11244 E 6000 N, Lapoint, UT, 84039 offers a 8.63% rental yield on a $259,000 purchase with $1,862/mo rent. Total monthly income registers $1,862/mo, and a $1,268/mo payment leaves $344/mo available for distribution. Annual cash flow reaches $4,124/yr on $85,859 to close, and return on cash invested stands at 24.71% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 128.18% and total cumulative return in cash at $110,056. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1999

0.69 Acres lot

$N/A/sqft

No HOA

More details about the property

This exquisitely updated turnkey 3 bed, 2 bath home, offers privacy and peaceful tranquility. Step inside to a brand-new, beautifully designed kitchen complete with all-new appliances, perfect for cooking and entertaining. The home also features updated heating and cooling, including a brand-new A/C unit, ensuring comfort year-round. Situated on a large .69-acre lot, there is plenty of space for animals, vegetable gardens, and a well-maintained outbuilding with power.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84039, Lapoint, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	171 (100%)
Owner Occupied HU	135 (78.9%)
Renter Occupied HU	22 (12.9%)
Vacant Housing Units	14 ( 8.2%)
Median Home Value	$387,255
Average Home Value	$453,093