371 E 1200 SElsinoreUT84724
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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 Elsinore at 371 E 1200 S, Elsinore, UT, 84724 offers a 7.56% rental yield on a $234,900 purchase with $1,480/mo rent. Total monthly income registers $1,480/mo, and a $1,150/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,235/yr on $77,869 to close, and return on cash invested stands at 21.5% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 110.91% and total cumulative return in cash at $86,361. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,480/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84724, Elsinore, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 280 (72.0%) |
| Renter Occupied HU | 65 (16.7%) |
| Vacant Housing Units | 44 (11.3%) |
| Median Home Value | $307,018 |
| Average Home Value | $309,795 |
Housing Distribution
Address Breakdown
Residential
127
Single Family
127
Multi-Family
0
Businesses
10
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