180 S 300 E APT E-3ParowanUT84761
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 Parowan at 180 S 300 E APT E-3, Parowan, UT, 84761 offers a 8.63% rental yield on a $260,000 purchase with $1,870/mo rent. Total monthly income registers $1,870/mo, and a $1,273/mo payment leaves $221/mo available for distribution. Annual cash flow reaches $2,648/yr on $86,190 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 119.52% and total cumulative return in cash at $103,013. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,870/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84761, Parowan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 984 (63.2%) |
| Renter Occupied HU | 251 (16.1%) |
| Vacant Housing Units | 323 (20.7%) |
| Median Home Value | $338,356 |
| Average Home Value | $405,833 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy K Smith • CS REAL ESTATE GROUP LLC
Mls Name: WCBR
Mls ID: #24-252851
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.