2596 S Gritton StHurricaneUT84737
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2596 S Gritton St, Hurricane, UT, 84737 in Hurricane the bet is firmly on appreciation. Rental yield 4.75%. The 4.75% gross yield on a $1,335,000 price is below income-first thresholds, but 5%/yr value growth projects $368,836 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.88) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $340,819.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 4.2% |
| Monthly Cash Flow | $(2,541) | $850 |
City averages based on Hurricane market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,284 |
| Total Monthly Debt Service | $7,293 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84737, Hurricane, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,476 (100%) |
| Owner Occupied HU | 7,931 (69.1%) |
| Renter Occupied HU | 1,869 (16.3%) |
| Vacant Housing Units | 1,676 (14.6%) |
| Median Home Value | $535,201 |
| Average Home Value | $561,600 |
Housing Distribution
Address Breakdown
Residential
9,343
Single Family
9,054
Multi-Family
289
Businesses
744
Nearby investment properties with comparable rents
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
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84737, Hurricane, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,476 (100%) |
| Owner Occupied HU | 7,931 (69.1%) |
| Renter Occupied HU | 1,869 (16.3%) |
| Vacant Housing Units | 1,676 (14.6%) |
| Median Home Value | $535,201 |
| Average Home Value | $561,600 |
Housing Distribution
Address Breakdown
Residential
9,343
Single Family
9,054
Multi-Family
289
Businesses
744
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris S Spinks • DIAMOND DEVELOPMENT
Mls Name: WCBR
Mls ID: #24-253631
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.