298 E Union St, Manti, UT, 84642 | 6.98% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Manti at 298 E Union St, Manti, UT, 84642 generates $1,890/mo in rent, after a $1,591/mo payment. Total monthly income is $1,890/mo. Return on cash invested sits at 19.74% in year one, and rental yield is 6.98% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 101.5% and total cumulative return in cash sums $109,357. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,890/mo property income rather than buyer’s personal income.

Single Family

Built in 1905

0.45 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 84642, Manti, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,518 (100%)
Owner Occupied HU	1,020 (67.2%)
Renter Occupied HU	306 (20.2%)
Vacant Housing Units	192 (12.6%)
Median Home Value	$377,091
Average Home Value	$410,208