1591 S Vernal AveVernalUT84078
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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
Rental property for sale in Vernal at 1591 S Vernal Ave, Vernal, UT, 84078 priced at $553,900 converts $2,248/mo rent into after a $2,711/mo obligation. Total monthly income equals $2,248/mo. Return on cash invested prints 13.49% in year one, and rental yield reads 4.87% against a $553,900 entry. Equity gained on principal adds $3,574/yr, while 5% annual appreciation compiles into $153,032 by year five. Five-year ROI reaches 67.94% and total cumulative return in cash sums $123,802. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,248/mo property income covering a $2,711/mo payment, not borrower’s personal income.
Single Family
Built in 1947
4.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84078, Vernal, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,967 (100%) |
| Owner Occupied HU | 7,420 (62.0%) |
| Renter Occupied HU | 3,345 (28.0%) |
| Vacant Housing Units | 1,202 (10.0%) |
| Median Home Value | $370,853 |
| Average Home Value | $424,813 |
Housing Distribution
Address Breakdown
Residential
10,614
Single Family
10,565
Multi-Family
49
Businesses
1,076
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