305 Rachel LnNew HarmonyUT84757
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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 New Harmony at 305 Rachel Ln, New Harmony, UT, 84757 projects strong ROI of 1.67%. Rental yield 0.97%. With 5% annual appreciation, the property builds $690,704 in value over five years. Equity growth combined delivers a projected five-year ROI of 4.47%, translating into $36,207 in total cumulative return on $810,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1985
2.95 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 84757, New Harmony, UT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
444
Multi-Family
1
Businesses
34
Price History
Date | Event | Price |
|---|---|---|
| 2025-10-03 | Listed for sale | $2,500,000 |
| 2025-09-09 | Pending sale | $2,500,000 |
| 2025-09-08 | Contingent | $2,500,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $5199.96 | -0.68% | $802,215 | -4.42% |
| 2023-11-03 | $5235.46 | -41.47% | $839,285 | -37.65% |
| 2022-11-03 | $8944.17 | 13.37% | $1,346,000 | 38.38% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1985
- Architectural Style: N/A
- Building Area: 10,074
- Living Area: 10,074 sqft
- Property Condition: Built & Standing
Features & Amenities
- Heating: Natural Gas, Wood
- Cooling: Central Air
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached, Garage Door Opener, See Remarks
Location
- City: New Harmony
- State: UT
- Subdivision: N/A
- Lot Size: 2.95 Acres
- Lot Features: Wooded
- View: Mountain(s)
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Connected, Natural Gas Connected
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: Paved
School Information
- Elementary School: Out of Area
- Middle School: Out of Area
- High School: Out of Area
Listed by: MARGIE I HARE • THE AGENCY ST GEORGE
Mls Name: WCBR
Mls ID: #25-261328
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.