202 E Rye Dr, Central, UT, 84722 | 4.81% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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202 E Rye Dr, Central, UT, 84722 | 4.81% Rental Yield | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Central at 202 E Rye Dr, Central, UT, 84722 offers $2,600/mo rent that, after a $3,172/mo payment. Total monthly income is $2,600/mo. Return on cash invested measures 13.31% in year one, and rental yield stands at 4.81% at a $648,000 entry. Equity gained on principal adds $4,181/yr while 5% annual appreciation compounds into $179,030 by year five. Five-year ROI records 67.02% and total cumulative return in cash reaches $142,882. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,600/mo property income versus a $3,172/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2004

0.37 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully remodeled and move-in ready, this stunning home offers exceptional upgrades throughout. The spacious country kitchen features custom cabinetry, new granite countertops, stainless steel appliances, and an inviting layout perfect for cooking and gathering. The newly updated primary suite includes a large custom tile shower, a slipper soaking tub, and a double-sink vanity with a marble top. New luxury vinyl plank flooring and plantation shutters extend throughout the home, adding both style and durability. With FOUR bedrooms plus a large theatre room, there is ample space for comfortable living, work, and entertainment. The fully fenced, professionally landscaped backyard is designed for enjoyment, complete with a stamped concrete patio, rock fire pit with bench seating, gazebo, fenced garden area, fenced dog kennel, and a single-car garage. Additional upgrades include a new asphalt roof and modern accent siding, and new HVAC. Located in the charming community of Central just 25 miles from St. George this home sits at a refreshing 5,500-ft elevation.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84722, Central, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	362 (100%)
Owner Occupied HU	267 (73.8%)
Renter Occupied HU	28 ( 7.7%)
Vacant Housing Units	67 (18.5%)
Median Home Value	$551,683
Average Home Value	$575,009