248 S Center StElsinoreUT84724
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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 248 S Center St, Elsinore, UT, 84724 priced at $349,900 converts $1,729/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,729/mo. Return on cash invested prints 16.58% in year one, and rental yield reads 5.93% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 84.54% and total cumulative return in cash sums $98,058. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,729/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1986
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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