388 E 600 S, Payson, UT, 84651 | 6.05% Rental Yield

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388 E 600 S, Payson, UT, 84651 | 6.05% Rental Yield | Ziffy

For Sale

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 Payson at 388 E 600 S, Payson, UT, 84651 earns from $2,243/mo rent with a $2,178/mo payment. Total monthly income totals $2,243/mo. ROI tracks 16.94% on current figures, and rental yield reads 6.05% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 86.48% and total cumulative return in cash sums $127,580. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,243/mo property income instead of your personal income.

Single Family

Built in 1966

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your brand new to you home! Located in a quiet Payson neighborhood. Enjoy the Beautiful views of the mountains from the covered backyard patio. Endless possibilities with the yard, you can truly turn it into your own piece of heaven. Newer Kitchen cabinets, countertops and appliances. Recently added craft, reloading, or handyman room in the garage including a mini-split heating system. Plenty of room for RV or additional parking on the East side of the home. Within walking distance of Schools, Swimming Pool, Local City Parks, Skating Park and Baseball Fields. Please call to schedule your private showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 84651, Payson, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,360 (100%)
Owner Occupied HU	7,284 (77.8%)
Renter Occupied HU	1,834 (19.6%)
Vacant Housing Units	242 ( 2.6%)
Median Home Value	$558,916
Average Home Value	$577,660