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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% |
Rental property for sale in Elmo at 3430 N State Road 155, Elmo, UT, 84518 generates $1,195/mo in rent and, after a $764/mo payment, leaves $280/mo in cash flow. Total monthly income is $1,195/mo, and annual cash flow is $3,362/yr on $51,714 invested. Return on cash invested sits at 26.41% in year one, and rental yield is 9.19% on a $156,000 entry. Equity gained on principal adds $1,007/yr, while 5% annual appreciation builds toward $43,100 over five years. Five-year ROI reaches 137.36% and total cumulative return in cash sums $71,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,195/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
2.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84518, Cleveland, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 280 (100%) |
| Owner Occupied HU | 216 (77.1%) |
| Renter Occupied HU | 42 (15.0%) |
| Vacant Housing Units | 22 ( 7.9%) |
| Median Home Value | $291,304 |
| Average Home Value | $316,887 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
26
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | $793.36 | 4.73% | $56,471 | 2.06% |
| 2023-11-01 | $757.51 | 66.98% | $55,333 | 66.53% |
| 2022-11-01 | $453.66 | 2.50% | $33,228 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
