269 River Cove Dr, Morgan, UT, 84050 | 6.76% Rental Yield

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

Rental property for sale in Morgan at 269 River Cove Dr, Morgan, UT, 84050 priced at $385,000 converts $2,168/mo rent into after a $1,884/mo obligation. Total monthly income equals $2,168/mo. Return on cash invested prints 19.08% in year one, and rental yield reads 6.76% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 97.96% and total cumulative return in cash sums $125,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,168/mo property income covering a $1,884/mo payment, not borrower’s personal income.

Condo

Built in 1994

2,178 sqft lot

$N/A/sqft

No HOA