291 N South Bend DrMonroeUT84754
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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 Monroe at 291 N South Bend Dr, Monroe, UT, 84754 generates $1,680/mo in rent, after a $2,888/mo payment. Total monthly income is $1,680/mo. Return on cash invested sits at 9.07% in year one, and rental yield is 3.42% on a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 44.24% and total cumulative return in cash sums $85,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84754, Monroe, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,796 (100%) |
| Owner Occupied HU | 1,315 (73.2%) |
| Renter Occupied HU | 308 (17.1%) |
| Vacant Housing Units | 173 ( 9.6%) |
| Median Home Value | $357,443 |
| Average Home Value | $394,057 |
Housing Distribution
Address Breakdown
Residential
1,425
Single Family
1,413
Multi-Family
12
Businesses
64
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