2238 S 1120 W #68NibleyUT84321
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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 Nibley at 2238 S 1120 W #68, Nibley, UT, 84321 generates $2,425/mo in rent and, after a $1,791/mo payment, leaves $280/mo in cash flow. Total monthly income is $2,425/mo, and annual cash flow is $3,362/yr on $121,329 invested. Return on cash invested sits at 22.68% in year one, and rental yield is 7.95% on a $366,000 entry. Equity gained on principal adds $2,362/yr, while 5% annual appreciation builds toward $101,119 over five years. Five-year ROI reaches 117.31% and total cumulative return in cash sums $142,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,425/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84321, Logan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,496 (100%) |
| Owner Occupied HU | 8,729 (47.2%) |
| Renter Occupied HU | 8,614 (46.6%) |
| Vacant Housing Units | 1,153 ( 6.2%) |
| Median Home Value | $415,839 |
| Average Home Value | $463,128 |
Housing Distribution
Address Breakdown
Residential
17,310
Single Family
15,745
Multi-Family
1,565
Businesses
1,340
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