14 E Main St, Goshen, UT, 84633 | 3.7% Rental Yield

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14 E Main St, Goshen, UT, 84633 | 3.7% Rental Yield | Ziffy

For Sale

Currently Rented

Rental Income

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

Rental property for sale in Goshen at 14 E Main St, Goshen, UT, 84633 priced at $470,000 pairs $1,451/mo rent with after a $2,300/mo payment. Total monthly income equals $1,451/mo. Return on cash invested is 9.87% in year one, and rental yield stands at 3.7% on a $470,000 basis. Equity gained on principal adds $3,033/yr, and 5% annual appreciation accumulates to $129,852 by year five. Five-year ROI measures 48.58% and total cumulative return in cash reaches $75,693. For financing, Ziffy Mortgage’s DSCR program evaluates $1,451/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1958

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Located right on Main Street in Goshen, this property offers incredible convenience-just 5 minutes to Santaquin and only 10 minutes to freeway access. The property includes two tax parcels and three separate addresses: 14, 16, & 18 E Main St. Each unit rents for $1,200/month, and the garage brings in an additional $300/month as leased storage space. The units are consistently occupied, with a strong rental history and no vacancy issues since 2007. Solid cash flow potential-or opportunity for a first-time buyer looking to house hack and offset their mortgage with rental income. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County records. The buyer is advised to obtain an independent measurement.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84633, Goshen, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	297 (100%)
Owner Occupied HU	233 (78.5%)
Renter Occupied HU	55 (18.5%)
Vacant Housing Units	9 ( 3.0%)
Median Home Value	$537,990
Average Home Value	$573,251