1370 W Elk Ridge DrKanabUT84710
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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 Kanab at 1370 W Elk Ridge Dr, Kanab, UT, 84710 with 5% annual appreciation on a $685,000 basis while $3,341/mo rent supports operations. 2% in year one. Equity gained on principal adds $4,420/yr, and five-year appreciation sums $189,253 alongside rental yield of 5.85%. Five-year ROI measures 82.6% and total cumulative return in cash totals $186,154. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,341/mo property income versus a $3,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.93 Acres lot
$N/A/sqft
$607 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84710, Alton, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,031 (100%) |
| Owner Occupied HU | 193 ( 9.5%) |
| Renter Occupied HU | 55 ( 2.7%) |
| Vacant Housing Units | 1,783 (87.8%) |
| Median Home Value | $464,545 |
| Average Home Value | $634,909 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
0
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Listed by: Carlyn J Bedwell • CENTURY 21 EVEREST IRON
Mls Name: WCBR
Mls ID: #25-257135
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.