2246 S Chekshani Clf, New Harmony, UT, 84757 | 3.49% Rental Yield

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2246 S Chekshani Clf, New Harmony, UT, 84757 | 3.49% 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 New Harmony at 2246 S Chekshani Clf, New Harmony, UT, 84757 generates $2,760/mo in rent, after a $4,650/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 9.28% in year one, and rental yield is 3.49% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 45.37% and total cumulative return in cash sums $141,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.

Single Family

Built in 2016

2.66 Acres lot

$N/A/sqft

No HOA

More details about the property

Tucked into the scenic landscape of Chekshani Cliffs, this 4 bedroom, 3.5 bath single level home offers the perfect balance of comfort, space, and a strong connection to nature. Set on 2.66 acres at the edge of Wayne Canyon, the property offers unmatched privacy and a front row seat to Southern Utah's raw beauty where canyon views and wide open skies become part of your daily life. Inside, the home is filled with natural light and features a modern kitchen with double ovens and generous prep space, a cozy library sitting room, a spacious primary suite, and a partial casita ideal for guests or flexible living. Step outside to enjoy seasonal wildflowers, starlit evenings, and a rare sense of quiet solitude in every direction. An additional 3.34 acre parcel is available to purchase, allowing you to preserve your view corridor and enjoy even more uninterrupted access to the canyon making it feel like your own private wilderness. Whether you're seeking a full time escape or a basecamp for adventure, this Chekshani Cliffs home offers the lifestyle you've been waiting for rooted in nature, designed for comfort, and surrounded by peace.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84757, New Harmony, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	673 (100%)
Owner Occupied HU	532 (79.0%)
Renter Occupied HU	69 (10.3%)
Vacant Housing Units	72 (10.7%)
Median Home Value	$610,092
Average Home Value	$640,799