401 E 300 NMidwayUT84049
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 401 E 300 N, Midway, UT, 84049 in Midway the bet is firmly on appreciation. Rental yield 5.4%. The 5.4% gross yield on a $699,000 price is below income-first thresholds, but 5%/yr value growth projects $193,121 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $202,773.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 6.2% |
| Monthly Cash Flow | $(953) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,144 |
| Total Monthly Debt Service | $3,819 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2002
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84049, Midway, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 2,094 (60.1%) |
| Renter Occupied HU | 431 (12.4%) |
| Vacant Housing Units | 962 (27.6%) |
| Median Home Value | $915,870 |
| Average Home Value | $1,015,659 |
Housing Distribution
Address Breakdown
Residential
2,478
Single Family
2,282
Multi-Family
196
Businesses
244
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
Manufactured
Built in 2002
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84049, Midway, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 2,094 (60.1%) |
| Renter Occupied HU | 431 (12.4%) |
| Vacant Housing Units | 962 (27.6%) |
| Median Home Value | $915,870 |
| Average Home Value | $1,015,659 |
Housing Distribution
Address Breakdown
Residential
2,478
Single Family
2,282
Multi-Family
196
Businesses
244
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jalayne Bassett • Equity RE (Luxury Group)
Mls Name: PCBR
Mls Provider:
Mls ID: #12502569
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