3885 N Driftwood LnEnochUT84721
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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 Enoch at 3885 N Driftwood Ln, Enoch, UT, 84721 with 5% annual appreciation on a $379,900 basis while $2,340/mo rent supports operations. Total monthly income totals $2,340/mo and a $1,859/mo payment preserves $114/mo for cash returns. Annual cash flow comes to $1,365/yr on $125,937 deployed, and return on cash invested reaches 20.99% in year one. Equity gained on principal adds $2,451/yr, and five-year appreciation sums $104,959 alongside rental yield of 7.39%. Five-year ROI measures 108.22% and total cumulative return in cash totals $136,289.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $1,859/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1929
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84721, Cedar City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,512 (100%) |
| Owner Occupied HU | 6,751 (64.2%) |
| Renter Occupied HU | 3,146 (29.9%) |
| Vacant Housing Units | 615 ( 5.9%) |
| Median Home Value | $421,347 |
| Average Home Value | $469,115 |
Housing Distribution
Address Breakdown
Residential
10,226
Single Family
10,124
Multi-Family
102
Businesses
991
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Listed by: JARED ZIMMER • Re/Max Properties
Mls Name: WCBR
Mls ID: #25-259584
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.