1298 S 1500 ENew HarmonyUT84757
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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
Investment Highlights
Investment property for sale in New Harmony at 1298 S 1500 E, New Harmony, UT, 84757 projects strong ROI of 3.84%. Rental yield 1.68%. With 5% annual appreciation, the property builds $732,146 in value over five years. Equity growth combined delivers a projected five-year ROI of 16.15%, translating into $138,681 in total cumulative return on $858,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84757, New Harmony, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 673 (100%) |
| Owner Occupied HU | 532 (79.0%) |
| Renter Occupied HU | 69 (10.3%) |
| Vacant Housing Units | 72 (10.7%) |
| Median Home Value | $610,092 |
| Average Home Value | $640,799 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
444
Multi-Family
1
Businesses
34
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Listed by: Marlene R Ritzman • RE/MAX ASSOCIATES SO UTAH
Mls Name: WCBR
Mls ID: #24-254546
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.