147 E Main StSummitUT84772
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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 Summit at 147 E Main St, Summit, UT, 84772 uses $126,799 cash to close to unlock $1,443/yr annual cash flow and $120/mo monthly cash flow. Total monthly income runs $2,362/mo, and a $1,872/mo payment keeps the spread at $120/mo. Purchase price stands at $382,500, and rental yield measures 7.41% with $2,362/mo rent. Return on cash invested shows 21.05% in year one, and 5% annual appreciation builds toward $105,678 over five years. Five-year ROI reaches 108.54% and total cumulative return in cash records $137,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,362/mo property income covering a $1,872/mo payment rather than investor’s personal income.
Single Family
Built in 1941
0.42 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
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