3505 W Allard Ranch DrParowanUT84761
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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
Rental property for sale in Parowan at 3505 W Allard Ranch Dr, Parowan, UT, 84761 priced at $649,900 converts $1,638/mo rent into after a $3,181/mo obligation. Total monthly income equals $1,638/mo. Return on cash invested prints 7.87% in year one, and rental yield reads 3.02% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 37.84% and total cumulative return in cash sums $80,910. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,638/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 2025
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84761, Parowan, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,558 (100%) |
| Owner Occupied HU | 984 (63.2%) |
| Renter Occupied HU | 251 (16.1%) |
| Vacant Housing Units | 323 (20.7%) |
| Median Home Value | $338,356 |
| Average Home Value | $405,833 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
135
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