3120 S 200 W #D302NibleyUT84321
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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 Nibley at 3120 S 200 W #D302, Nibley, UT, 84321 offers a 8.48% rental yield on a $313,200 purchase with $2,214/mo rent. Total monthly income registers $2,214/mo, and a $1,533/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,403/yr on $103,826 to close, and return on cash invested stands at 22.22% in year one. Equity gained on principal adds $2,021/yr while 5% annual appreciation supports $86,531 over five years. Portfolio math shows five-year ROI at 115.61% and total cumulative return in cash at $120,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,214/mo property income against a $1,533/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
$178 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84321, Logan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,496 (100%) |
| Owner Occupied HU | 8,729 (47.2%) |
| Renter Occupied HU | 8,614 (46.6%) |
| Vacant Housing Units | 1,153 ( 6.2%) |
| Median Home Value | $415,839 |
| Average Home Value | $463,128 |
Housing Distribution
Address Breakdown
Residential
17,310
Single Family
15,745
Multi-Family
1,565
Businesses
1,340
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