392 E 700 S UNIT I, Vernal, UT, 84078 | $520/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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392 E 700 S UNIT I, Vernal, UT, 84078 | $520/mo Cash Flow | 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 Vernal at 392 E 700 S UNIT I, Vernal, UT, 84078 uses $90,168 cash to close to unlock $6,241/yr annual cash flow and $520/mo monthly cash flow. Total monthly income runs $2,114/mo, and a $1,331/mo payment keeps the spread at $520/mo. Purchase price stands at $272,000, and rental yield measures 9.33% with $2,114/mo rent. Return on cash invested shows 26.83% in year one, and 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 139.58% and total cumulative return in cash records $125,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,114/mo property income covering a $1,331/mo payment rather than investor’s personal income.

Townhouse

Built in 2006

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

9ft ceilings downstairs, 8ft up. Newly remodeled KITCHEN with upgraded floor plan, ISLAND, BACKSPLASH, TONS of cabinet organizers and pull out drawers, spice organizers, corner blind slide-out organizer, new garbage disposal, Whirlpool high tech double oven, Kitchen Aid dishwasher, new built-in microwave, updated stainless steel appliances, new 10" deep Kraus branded sink with pop outs in front, and new GRANITE COUNTERTOPS! MUST SEE! Located off the cul-de-sac, facing East, so no neighbors directly in front with view from master bedroom. All new quality flooring and paint (Benjamin Moore Ultra Spec 500 & Advance) Custom-built shelves throughout Walk-in closets Large two-car garage w/ 10.5' ceilings. Massive crawl space storage with full 2.5ft ceilings. ~450 sqft Lots of storage shelves in garage (Removable) HOA includes Landscaping, Snow Removal, Water, Sewage, Basketball Court, and Trash services, optional RV parking & garden boxes

Neighborhood Data

Neighborhood data shown for ZIP Code: 84078, Vernal, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,967 (100%)
Owner Occupied HU	7,420 (62.0%)
Renter Occupied HU	3,345 (28.0%)
Vacant Housing Units	1,202 (10.0%)
Median Home Value	$370,853
Average Home Value	$424,813