1898 N Kolob Rd #7VirginUT84779
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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 Virgin at 1898 N Kolob Rd #7, Virgin, UT, 84779 generates $7,204/mo in rent and, after a $5,500/mo payment, leaves $618/mo in cash flow. Total monthly income is $7,204/mo, and annual cash flow is $7,412/yr on $364,111 invested. Return on cash invested sits at 22.41% in year one, and rental yield is 7.69% on a $1,123,800 entry. Equity gained on principal adds $7,252/yr, while 5% annual appreciation builds toward $310,485 over five years. Five-year ROI reaches 115.69% and total cumulative return in cash sums $421,240. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,204/mo property income rather than buyer’s personal income.
Condo
Built in 2000
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84779, Virgin, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 271 (100%) |
| Owner Occupied HU | 174 (64.2%) |
| Renter Occupied HU | 59 (21.8%) |
| Vacant Housing Units | 38 (14.0%) |
| Median Home Value | $596,491 |
| Average Home Value | $762,888 |
Housing Distribution
Address Breakdown
Residential
15
Single Family
15
Multi-Family
0
Businesses
27
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