422 E 500 S APT C, Vernal, UT, 84078 | $457/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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422 E 500 S APT C, Vernal, UT, 84078 | $457/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

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 422 E 500 S APT C, Vernal, UT, 84078 uses $86,190 cash to close to unlock $5,480/yr annual cash flow and $457/mo monthly cash flow. Total monthly income runs $1,981/mo, and a $1,273/mo payment keeps the spread at $457/mo. Purchase price stands at $260,000, and rental yield measures 9.14% with $1,981/mo rent. Return on cash invested shows 26.27% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 136.5% and total cumulative return in cash records $117,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,981/mo property income covering a $1,273/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

Adorable Townhome in Split Mountain Villa! Grandma has taken excellent care of this lovely 3 bedroom 2.5 bathroom unit with a 2 car garage. The 9 foot ceilings on the main level make it feel very open and the upstairs has a bonus landing area that can be an office or play area! The roof is brand new and this is the only unit with new Leaf Guard rain gutters! The working chair lift on the stairs can be included or removed. Come and see this clean, ready to be lived in townhome! Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement.

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