2866 S Varano Way Tower #MJB147Saint GeorgeUT84770
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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
Investment property for sale in Saint George at 2866 S Varano Way Tower #MJB147, Saint George, UT, 84770 uses $201,282 cash to close to unlock $1,903/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $3,744/mo, and a $2,994/mo payment keeps the spread at $159/mo. Purchase price stands at $611,800, and rental yield measures 7.34% with $3,744/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $169,029 over five years. Five-year ROI reaches 108.26% and total cumulative return in cash records $217,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,744/mo property income covering a $2,994/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84770, Saint George, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,832 (100%) |
| Owner Occupied HU | 11,136 (48.8%) |
| Renter Occupied HU | 7,108 (31.1%) |
| Vacant Housing Units | 4,588 (20.1%) |
| Median Home Value | $571,248 |
| Average Home Value | $636,843 |
Housing Distribution
Address Breakdown
Residential
18,981
Single Family
18,840
Multi-Family
141
Businesses
2,011
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Listed by: N/A • N/A
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Mls ID: #N/A