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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% |
Investment property for sale in New Harmony at 303 Rachel Ln, New Harmony, UT, 84757 at $1,300,000 posts ROI 7.66% with from $3,157/mo rent. Total monthly income equals $3,157/mo. Return on cash invested measures 7.66% and rental yield reads 2.91% at the current $1,300,000. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 by year five. Five-year ROI prints 36.6% and total cumulative return in cash totals $154,155. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,157/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
1.14 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 |
|---|---|---|
| 2024-06-18 | Listed for sale | $1,300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $4933.01 | 2.45% | $790,800 | 9.14% |
| 2022-10-17 | $4814.97 | 10.84% | $724,600 | 35.29% |
| 2021-10-17 | $4344.25 | -1.99% | $535,600 | 3.18% |
Listed by: JERI M GRESSMAN • ECORE PREMIER LLC
Mls Name: WCBR
Mls ID: #24-252067
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.
