245 S Main St, Mona, UT, 84645 | 4.47% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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245 S Main St, Mona, UT, 84645 | 4.47% 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

Investment property for sale in Mona at 245 S Main St, Mona, UT, 84645 listed at $539,990 pairs $2,012/mo rent with a $2,643/mo payment. Total monthly income runs $2,012/mo. Return on cash invested measures 12.27% in year one, and rental yield registers 4.47% at a $539,990 basis. Equity gained on principal adds $3,484/yr, and annual property appreciation at 5% supports $149,189 by year five. Five-year ROI tracks 61.45% and total cumulative return in cash totals $109,163. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,012/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1986

0.56 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautiful all-brick, west-facing rambler on .56 acre with full animal rights! Major updates include new roof, HVAC & water heater (2022) plus fresh paint, carpet & baseboards and brand new connection to city sewer (not on septic!) . Kitchen and baths recently remodeled with modern finishes. Bright open floor plan with tons of natural light. Basement has separate garage entrance, 2 bedrooms, wood stove, storage room & is plumbed for a 3rd bath and possible kitchen-ideal for an accessory apartment. East patio with mountain views and built-in fire pit. Extra-deep heated garage with rear man door. Room for horses, RV & toys, built in fire pit and plenty of room for entertaining with amazing view of Nebo -- country living at its best!

Neighborhood Data

Neighborhood data shown for ZIP Code: 84645, Mona, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	829 (100%)
Owner Occupied HU	670 (80.8%)
Renter Occupied HU	128 (15.4%)
Vacant Housing Units	31 ( 3.7%)
Median Home Value	$473,832
Average Home Value	$558,090