1845 W Canyon View Dr APT 1602Saint GeorgeUT84770
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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 Saint George at 1845 W Canyon View Dr APT 1602, Saint George, UT, 84770 generates $1,968/mo in rent, after a $1,933/mo payment. Total monthly income is $1,968/mo. Return on cash invested sits at 16.73% in year one, and rental yield is 5.98% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 85.39% and total cumulative return in cash sums $111,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,968/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84770, Saint George, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,832 (100%) |
| Owner Occupied HU | 11,136 (48.8%) |
| Renter Occupied HU | 7,108 (31.1%) |
| Vacant Housing Units | 4,588 (20.1%) |
| Median Home Value | $571,248 |
| Average Home Value | $636,843 |
Housing Distribution
Address Breakdown
Residential
18,981
Single Family
18,840
Multi-Family
141
Businesses
2,011
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Listed by: Blair R Frei • RED ROCK REAL ESTATE
Mls Name: WCBR
Mls ID: #26-268285