246 N Main StMantiUT84642
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Nearby investment properties with comparable prices
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 Manti at 246 N Main St, Manti, UT, 84642 priced at $325,000 pairs $2,309/mo rent with $404/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,309/mo, and annual cash flow comes to $4,846/yr on $107,738 invested. Return on cash invested is 24.41% in year one, and rental yield stands at 8.53% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 126.53% and total cumulative return in cash reaches $136,321. For financing, Ziffy Mortgage’s DSCR program evaluates $2,309/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84642, Manti, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,020 (67.2%) |
| Renter Occupied HU | 306 (20.2%) |
| Vacant Housing Units | 192 (12.6%) |
| Median Home Value | $377,091 |
| Average Home Value | $410,208 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
1,104
Multi-Family
20
Businesses
97
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