291 E 1400 SElsinoreUT84724
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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 Elsinore at 291 E 1400 S, Elsinore, UT, 84724 listed at $224,900 pairs $1,441/mo rent with a $1,101/mo payment to leave $123/mo cash flow. Total monthly income runs $1,441/mo, and annual cash flow reaches $1,471/yr on $74,554 cash to close. Return on cash invested measures 21.88% in year one, and rental yield registers 7.69% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 113.03% and total cumulative return in cash totals $84,265. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,441/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2003
10,454 sqft 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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Nearby investment properties with comparable prices
Listed by: Dirk Dopp • ERA Brokers Consolidated (Richfield Branch)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2080928
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-04-30 11:15:27 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)