485 N 300 E, Nephi, UT, 84648 | 6.89% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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485 N 300 E, Nephi, UT, 84648 | 6.89% Rental Yield | 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 Nephi at 485 N 300 E, Nephi, UT, 84648 listed at $424,900 pairs $2,441/mo rent with a $2,080/mo payment. Total monthly income runs $2,441/mo. Return on cash invested measures 19.49% in year one, and rental yield registers 6.89% at a $424,900 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,392 by year five. Five-year ROI tracks 100.15% and total cumulative return in cash totals $141,069. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,441/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1966

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

LISTING PRICE JUST IMPROVED..... UPDATED, CLEAN AND READY TO MOVE INTO. This well taken care of home has so much to offer. The newly painted cabinets and updated colors are welcoming and make you feel right at home as soon as you walk through the front door. The kitchen and dining area are open and very functional. There are 2 bedrooms on the main floor along with main floor laundry. Downstairs there is 1 additional bedroom and a half bath. Also, a large storage room and a nice family room with a fireplace and plenty of room to invite over guests for a movie or game night. The completely fenced backyard comes ready for fun with an in-ground trampoline and a sand pile, a brick fire-pit or a large covered patio are both great options to enjoy the quiet evenings. There is a graveled off section with a roll away gate that is a perfect spot to park your RV. There is also a great storage room just off of the covered car port. The furnace and AC units are new. For the price this home has a lot to offer, come and take a look. Square footage figures are provided as a courtesy estimate only and were obtained from court records. Buyer is advised to obtain an independent measurement.