








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Saint George at 1587 W Approach Ln LOT 54, Saint George, UT, 84790 listed at $1,370,000 pairs $3,553/mo rent with a $6,705/mo payment. Total monthly income runs $3,553/mo. Return on cash invested measures 8.21% in year one, and rental yield registers 3.11% at a $1,370,000 basis. Equity gained on principal adds $8,840/yr, and annual property appreciation at 5% supports $378,506 by year five. Five-year ROI tracks 39.61% and total cumulative return in cash totals $175,809. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,553/mo property income relative to a $6,705/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.31 Acres lot
$N/A/sqft
$20 monthly HOA
Neighborhood data shown for ZIP Code: 84790, Saint George, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,406 (100%) |
| Owner Occupied HU | 17,466 (71.6%) |
| Renter Occupied HU | 4,678 (19.2%) |
| Vacant Housing Units | 2,262 ( 9.3%) |
| Median Home Value | $621,089 |
| Average Home Value | $684,205 |
Residential
22,487
Single Family
21,536
Multi-Family
951
Businesses
1,526
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $1,370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Solomon C Turley • ELEMENT REAL ESTATE BROKERS LLC
Mls Name: WCBR
Mls ID: #24-254452
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.