377 N 300 E, Nephi, UT, 84648 | $458/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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377 N 300 E, Nephi, UT, 84648 | $458/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nephi at 377 N 300 E, Nephi, UT, 84648 listed at $489,900 pairs $3,330/mo rent with a $2,398/mo payment to leave $458/mo cash flow. Total monthly income runs $3,330/mo, and annual cash flow reaches $5,501/yr on $162,402 cash to close. Return on cash invested measures 23.3% in year one, and rental yield registers 8.16% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 120.59% and total cumulative return in cash totals $195,833. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,330/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1963

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Price reduced + $5k seller concessions Don't miss it! Welcome home to one of the best-priced properties on the market! Motivated sellers are making this an incredible opportunity you won't want to miss.This exceptionally well-maintained home blends comfort, functionality, and charm. Step inside to find updated kitchen cabinetry, with all appliances included, making move-in day simple. Laundry is a breeze with hookups on both levels, while the basement offers newer carpet (installed just six months ago) and a water softener added in 2013. You'll enjoy the efficiency of central A/C, double-pane windows, and the warmth of a wood-burning stove to help offset heating costs during the winter months.Outside is where this property truly shines. The beautifully landscaped and fully fenced yard creates a private outdoor retreat with plenty of room to relax or play. A full sprinkler system keeps the lawn lush and green, while a storage shed provides space for all your tools and equipment. The lifetime metal roof adds long-term peace of mind, and the inviting front porch is the perfect spot to unwind after a long day.Tucked away in a quiet, well-kept neighborhood just blocks from the elementary school, this home delivers comfort inside and out-and it's ready for its next owner!