242 S 300 ESalinaUT84654
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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 Salina at 242 S 300 E, Salina, UT, 84654 earns from $1,544/mo rent with a $1,468/mo payment. Total monthly income totals $1,544/mo. ROI tracks 17.33% on current figures, and rental yield reads 6.18% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 88.61% and total cumulative return in cash sums $88,096. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,544/mo property income instead of your personal income.
Manufactured
Built in 1996
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84654, Salina, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,415 (100%) |
| Owner Occupied HU | 925 (65.4%) |
| Renter Occupied HU | 277 (19.6%) |
| Vacant Housing Units | 213 (15.1%) |
| Median Home Value | $340,612 |
| Average Home Value | $389,997 |
Housing Distribution
Address Breakdown
Residential
870
Single Family
870
Multi-Family
0
Businesses
127
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Listed by: Jill Paulsen • EXP REALTY LLC (So Utah)
Mls Name: WCBR
Mls ID: #25-259426
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.