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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Nephi at 1215 N 400 E, Nephi, UT, 84648 generates $2,880/mo in rent, after a $2,981/mo payment. Total monthly income is $2,880/mo. Return on cash invested sits at 15.93% in year one, and rental yield is 5.67% on a $609,000 entry. Equity gained on principal adds $3,930/yr, while 5% annual appreciation builds toward $168,255 over five years. Five-year ROI reaches 81.05% and total cumulative return in cash sums $162,389. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.28 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-09-24 | Price change | $609,000 |
| 2024-05-21 | Listed for sale | $625,000 |
| 2024-05-13 | Pending sale | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-17 | $1396.00 | -2.29% | $130,200 | 11.11% |
| 2021-10-17 | $1428.66 | N/A | $117,180 | N/A |
| 2020-10-17 | N/A | N/A | N/A | N/A |
Listed by: Mike Williamson • Blue Star Realty, Inc.
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #1976818
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-16 20:13:26 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)
