2333 N State Route 118MonroeUT84754
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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 Monroe at 2333 N State Route 118, Monroe, UT, 84754 listed at $299,000 pairs $1,634/mo rent with a $1,463/mo payment. Total monthly income runs $1,634/mo. Return on cash invested measures 18.48% in year one, and rental yield registers 6.56% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 94.73% and total cumulative return in cash totals $93,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,634/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84754, Monroe, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,796 (100%) |
| Owner Occupied HU | 1,315 (73.2%) |
| Renter Occupied HU | 308 (17.1%) |
| Vacant Housing Units | 173 ( 9.6%) |
| Median Home Value | $357,443 |
| Average Home Value | $394,057 |
Housing Distribution
Address Breakdown
Residential
1,425
Single Family
1,413
Multi-Family
12
Businesses
64
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Listed by: JAIMI PAYNE • RED ROCK REAL ESTATE CENTRAL
Mls Name: WCBR
Mls ID: #24-249881
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.