297 S North Creek LnMonticelloUT84535
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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 Monticello at 297 S North Creek Ln, Monticello, UT, 84535 listed at $459,900 pairs $2,861/mo rent with a $2,251/mo payment to leave $165/mo cash flow. Total monthly income runs $2,861/mo, and annual cash flow reaches $1,985/yr on $152,457 cash to close. Return on cash invested measures 21.21% in year one, and rental yield registers 7.47% at a $459,900 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,062 by year five. Five-year ROI tracks 109.4% and total cumulative return in cash totals $166,794. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,861/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84535, Monticello, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 754 (65.7%) |
| Renter Occupied HU | 199 (17.3%) |
| Vacant Housing Units | 194 (16.9%) |
| Median Home Value | $359,763 |
| Average Home Value | $444,612 |
Housing Distribution
Address Breakdown
Residential
112
Single Family
112
Multi-Family
0
Businesses
112
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Listed by: Jan L Jensen • JJ Realty Group LLC
Mls Name: UtahRealEstate.com
Mls ID: #2109123