1623 W Partridge Drive South S #560-37VernalUT84078
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
Investment Highlights
Investment property for sale in Vernal at 1623 W Partridge Drive South S #560-37, Vernal, UT, 84078 earns $271/mo cash flow from $2,033/mo rent with a $1,317/mo payment. Total monthly income totals $2,033/mo, and annual cash flow totals $3,252/yr on $89,174 capital. ROI tracks 23.56% on current figures, and rental yield reads 9.07% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 122.86% and total cumulative return in cash sums $109,559. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,033/mo property income instead of your personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$185 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
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Listed by: Jacob T Speirs • Higbee Real Estate, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2010018
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 13:31:47 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)