350 E 650 S #EKanabUT84741
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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 Kanab at 350 E 650 S #E, Kanab, UT, 84741 offers a 7.61% rental yield on a $399,000 purchase with $2,530/mo rent. Total monthly income registers $2,530/mo, and a $1,953/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,296/yr on $132,269 to close, and return on cash invested stands at 21.64% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 111.74% and total cumulative return in cash at $147,794. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,530/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2022
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84741, Kanab, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,618 (100%) |
| Owner Occupied HU | 2,226 (61.5%) |
| Renter Occupied HU | 651 (18.0%) |
| Vacant Housing Units | 741 (20.5%) |
| Median Home Value | $448,201 |
| Average Home Value | $473,836 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,608
Multi-Family
60
Businesses
316
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