1388 E 1280 N #6-20, Payson, UT, 84651 | 5.71% Rental Yield

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1388 E 1280 N #6-20, Payson, UT, 84651 | 5.71% 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 1388 E 1280 N #6-20, Payson, UT, 84651 offers a 5.71% rental yield on a $393,664 purchase with $1,874/mo rent. 92% in year one. Equity gained on principal adds $2,540/yr while 5% annual appreciation supports $108,762 over five years. Portfolio math shows five-year ROI at 81.04% and total cumulative return in cash at $105,763. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,874/mo property income against a $1,927/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2025

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Home is UNDER CONSTRUCTION. Built and expected to be completed DECEMBER 2025. Builder is offering a 3% closing cost incentive with our preferred lender. This 3 bedroom (with a large flex room on the 1st level) MID ROW TOWNHOME is beautifully appointed with large windows and upgraded features. The quality of our craftsmanship, coupled with the unparalleled value, will make you love being at home! Our Sofia floorplan offers plenty of gathering space with its HUGE Great Room, large kitchen island, and spacious dining area. Home is appointed with quartz countertops in the kitchen, painted cabinets, stainless steel appliances, and hardwood laminate flooring throughout the kitchen and great room. With 9' ceilings on the second level and large windows that offer lots of natural light and great views, you may just never want to leave home! All homes have a large porch and oversized 2-car garage. Located in Payson and only 10 to 15 minutes to just about everything. Pictures are NOT of the actual home, but are of a very similar home. Actual interior selections vary from those seen. Buyer to verify all information.

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