253 N 240 W #4KanabUT84741
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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 Kanab at 253 N 240 W #4, Kanab, UT, 84741 generates $2,083/mo in rent, after a $1,855/mo payment. Total monthly income is $2,083/mo. Return on cash invested sits at 18.59% in year one, and rental yield is 6.6% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 95.32% and total cumulative return in cash sums $119,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,083/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84741, Kanab, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,618 (100%) |
| Owner Occupied HU | 2,226 (61.5%) |
| Renter Occupied HU | 651 (18.0%) |
| Vacant Housing Units | 741 (20.5%) |
| Median Home Value | $448,201 |
| Average Home Value | $473,836 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,608
Multi-Family
60
Businesses
316
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