1631 S Highway 198, Payson, UT, 84651 | 5.12% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1631 S Highway 198, Payson, UT, 84651 | 5.12% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
4362 sft

417 Granite Dr, Santaquin, UT, 84655

3 Bed
3 Bath
2338 sft

65 E 970 N, Santaquin, UT, 84655

4 Bed
2 Bath
1821 sft

75 W 100 N, Goshen, UT, 84633

4 Bed
3 Bath
2176 sft

123 N 910 E, Santaquin, UT, 84655

Nearby investment properties with comparable prices

4 Bed
3 Bath
2671 sft

808 N 210 W, Santaquin, UT, 84655

6 Bed
3 Bath
3616 sft

449 Travertine Way, Santaquin, UT, 84655

5 Bed
2 Bath
2731 sft

1422 N 550 E, Nephi, UT, 84648

4 Bed
3 Bath
3174 sft

342 W Royal Land Dr, Santaquin, UT, 84655

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,453/mo, and a $2,814/mo payment. Purchase price stands at $575,000, and rental yield measures 5.12% with $2,453/mo rent. Return on cash invested shows 14.24% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 72.02% and total cumulative return in cash records $136,247. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,453/mo property income covering a $2,814/mo payment rather than investor’s personal income.

Single Family

Built in 1975

1 Acres lot

$N/A/sqft

No HOA

More details about the property

5 Bed 1 bath home on 1-Acre with Strawberry water shares. This yellow brick rambler, built in 1975, has a 2-car carport. The Main floor has 2 bedrooms, both bathrooms, laundry area, Front room, Kitchen & Dining areas. The Basement has 3 bedrooms, a family room, and storage and utility rooms. The yard is shaded by large, mature trees and shrubs, surrounding the home. Perfect for enjoying peaceful country evenings., featuring Grapevines, several Apple, Peach, Pear, Apricot, and Plum Fruit trees. A large Greenhouse, several outbuildings, Chicken coop, Dog run, RV Parking, mature yard with sprinkler system. A gravel driveway runs alongside the home for easy access to the back of the lot, with 2 shares of Strawberry Irrigation Water included. The property is perfect for horse or animal corrals, a large garden, or? The home has a new metal roof that was installed in 2024, A wood burning stove on the main floor and a Fireplace in the basement. This property is ready for your vision, and your future. Properties like this don't come up often...make it your own! If calling, and no one answers, please leave a message and we will call you back later. I have limited access to my phone at work.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84651, Payson, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,360 (100%)
Owner Occupied HU	7,284 (77.8%)
Renter Occupied HU	1,834 (19.6%)
Vacant Housing Units	242 ( 2.6%)
Median Home Value	$558,916
Average Home Value	$577,660