1601 W 300 S APT 59VernalUT84078
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1601 W 300 S APT 59, Vernal, UT, 84078 in Vernal is a solid income-producing rental, 10.68% gross yield, $1,868/mo rent, $500/mo net cash flow on a $210,000 buy. DSCR 1.98 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $58,019 and $1,934/yr in principal reduction project a total cumulative return of $112,063.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.2% |
| Monthly Cash Flow | $500 | $450 |
City averages based on Vernal market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,868 |
| Total Monthly Debt Service | $1,285 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2007
435.60 sqft lot
$N/A/sqft
$138 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2007
435.60 sqft lot
$N/A/sqft
$138 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices