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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Harmony at 2246 S Chekshani Cliffs Ln, 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 9.18% 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 44.89% and total cumulative return in cash sums $140,294. 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
$300 annually HOA
Neighborhood data shown for ZIP Code: 84757, New Harmony, UT area.
| 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 |
Residential
445
Single Family
444
Multi-Family
1
Businesses
34
Date | Event | Price |
|---|---|---|
| 2025-07-09 | Listed for sale | $950,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kasey L Verdugo • Summit Sotheby's International Realty (Auto Mall)
Mls Name: WCBR
Mls ID: #25-262971
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
