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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Harmony at 2941 E 2070 S, New Harmony, UT, 84757 generates $4,636/mo in rent, after a $6,779/mo payment. Total monthly income is $4,636/mo. Return on cash invested sits at 11.06% in year one, and rental yield is 4.02% on a $1,385,000 entry. Equity gained on principal adds $8,937/yr, while 5% annual appreciation builds toward $382,650 over five years. Five-year ROI reaches 54.85% and total cumulative return in cash sums $246,134. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,636/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
5.17 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84757, New Harmony, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 673 (100%) |
| Owner Occupied HU | 532 (79.0%) |
| Renter Occupied HU | 69 (10.3%) |
| Vacant Housing Units | 72 (10.7%) |
| Median Home Value | $610,092 |
| Average Home Value | $640,799 |
Residential
445
Single Family
444
Multi-Family
1
Businesses
34
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Price change | $1,385,000 |
| 2023-09-01 | Listed for sale | $1,300,000 |
| 2020-02-27 | Listing removed | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $3668.94 | -4.95% | $588,160 | 1.25% |
| 2022-10-17 | $3860.08 | 23.76% | $580,900 | 51.06% |
| 2021-10-17 | $3119.09 | -14.71% | $384,550 | -10.21% |
Listed by: Korby Lunt • D & B REAL ESTATE*
Mls Name: WCBR
Mls ID: #23-247104
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.
