229 N 460 EElsinoreUT84724
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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 Elsinore at 229 N 460 E, Elsinore, UT, 84724 generates $1,800/mo in rent, after a $2,100/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 13.88% in year one, and rental yield is 5.03% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 70.1% and total cumulative return in cash sums $99,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84724, Elsinore, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 280 (72.0%) |
| Renter Occupied HU | 65 (16.7%) |
| Vacant Housing Units | 44 (11.3%) |
| Median Home Value | $307,018 |
| Average Home Value | $309,795 |
Housing Distribution
Address Breakdown
Residential
127
Single Family
127
Multi-Family
0
Businesses
10
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