127 E Main StSummitUT84772
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 127 E Main St, Summit, UT, 84772 in Summit worth modelling. At $399,900 with a 7.22% gross yield, the $2,406/mo rent leaves $62/mo after the $1,798/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.34 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $110,485 by year five; $3,683/yr in principal reduction adds further equity. Total projected return: $155,101.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $62 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,406 |
| Total Monthly Debt Service | $2,185 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1927
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84772, Summit, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 136 (54.0%) |
| Renter Occupied HU | 42 (16.7%) |
| Vacant Housing Units | 74 (29.4%) |
| Median Home Value | $387,500 |
| Average Home Value | $417,574 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1927
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84772, Summit, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 136 (54.0%) |
| Renter Occupied HU | 42 (16.7%) |
| Vacant Housing Units | 74 (29.4%) |
| Median Home Value | $387,500 |
| Average Home Value | $417,574 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices