388 N Main StMonticelloUT84535
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monticello at 388 N Main St, Monticello, UT, 84535 at $264,900 posts ROI 23.11% with $234/mo cash flow from $1,787/mo rent. Total monthly income equals $1,787/mo, and annual cash flow records $2,807/yr on $87,814 to close. Return on cash invested measures 23.11% and rental yield reads 8.1% at the current $264,900. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 by year five. Five-year ROI prints 119.55% and total cumulative return in cash totals $104,984.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,787/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1936
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84535, Monticello, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 754 (65.7%) |
| Renter Occupied HU | 199 (17.3%) |
| Vacant Housing Units | 194 (16.9%) |
| Median Home Value | $359,763 |
| Average Home Value | $444,612 |
Housing Distribution
Address Breakdown
Residential
112
Single Family
112
Multi-Family
0
Businesses
112
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Nearby investment properties with comparable prices
Listed by: Denette Chavira • Countywide Realty
Mls Name: UtahRealEstate.com
Mls ID: #2128507