1216 S 1150 W #19, Payson, UT, 84651 | 6.75% Rental Yield

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1216 S 1150 W #19, Payson, UT, 84651 | 6.75% Rental Yield | 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 Payson at 1216 S 1150 W #19, Payson, UT, 84651 listed at $600,000 pairs $3,376/mo rent with a $2,937/mo payment. Total monthly income runs $3,376/mo. Return on cash invested measures 19.2% in year one, and rental yield registers 6.75% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 98.58% and total cumulative return in cash totals $194,592. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,376/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2015

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautiful home in prestigious Heritage Village, a 55+ HOA community designed for comfort, convenience, and active living. Enjoy main floor living with no-step access and an open-concept design featuring a spacious kitchen with an island, seamlessly connected to the family room with enough room for hosting family and grandchildren. Home is across the street from the clubhouse featuring a year-round, heated indoor swimming pool which grandchildren love, reception area with full kitchen for family gatherings and wedding receptions, a pool table, library, and fitness room. Behind the clubhouse is a park and pickleball court. Residents enjoy a variety of activities such as crafts, quilting, movie night, and more. The home is within walking distance to Walmart and the Payson Temple, just mile to I-15, and a short 10-mile drive up Payson Canyon to Payson Lakes for boating, fishing, hiking, camping, and horseback riding. The HOA takes care of all yard maintenance and snow removal, giving you more time to relax and enjoy your family and friends. Nearby, you'll find excellent hospitals and medical services. This is truly a dream home for active senior living. Square footage figures are provided as courtesy estimates only and were obtained from county records. Buyer is advised to obtain an independent measurement.

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