220 W 700 N, Nephi, UT, 84648 | 5.57% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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220 W 700 N, Nephi, UT, 84648 | 5.57% Rental Yield | Ziffy

For Sale

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 Nephi at 220 W 700 N, Nephi, UT, 84648 generates $1,556/mo in rent, after a $1,640/mo payment. Total monthly income is $1,556/mo. Return on cash invested sits at 15.5% in year one, and rental yield is 5.57% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 78.81% and total cumulative return in cash sums $87,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,556/mo property income rather than buyer’s personal income.

Single Family

Built in 1936

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your perfect slice of small-town living! This adorable 2 bedroom, 1 bath home is full of character and charm- ideal for first-time buyers or those looking to down size! Updated with new carpet, granite countertops, tile backsplash, windows and plumbing! The outside features RV parking/cleanout and a fully-fenced backyard that includes storage sheds, a dog run, mature trees and a fenced garden area! Located in a friendly and fast-growing town, you'll enjoy the best of both worlds: small-town charm with new businesses, parks, and community events just minutes away. Easy access to nearby highways makes commuting a breeze, while local shops, schools, and restaurants are just around the corner. Don't miss this opportunity to own an affordable and lovable home in a community on the rise.