2239 W 475 SSummitUT84761
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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
Investment property for sale in Summit at 2239 W 475 S, Summit, UT, 84761 offers a 6.53% rental yield on a $355,000 purchase with $1,931/mo rent. 38% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 94.21% and total cumulative return in cash at $110,868. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,931/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84761, Parowan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 984 (63.2%) |
| Renter Occupied HU | 251 (16.1%) |
| Vacant Housing Units | 323 (20.7%) |
| Median Home Value | $338,356 |
| Average Home Value | $405,833 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
135
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