50 E Mary CtKanabUT84741
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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 Kanab at 50 E Mary Ct, Kanab, UT, 84741 uses $41,073 cash to close to unlock $27,783/yr annual cash flow and $2,315/mo monthly cash flow. Total monthly income runs $3,041/mo, and a $606/mo payment keeps the spread at $2,315/mo. Purchase price stands at $123,900, and rental yield measures 29.45% with $3,041/mo rent. Return on cash invested shows 87.55% in year one, and 5% annual appreciation builds toward $34,231 over five years. Five-year ROI reaches 465.26% and total cumulative return in cash records $191,096. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,041/mo property income covering a $606/mo payment rather than investor’s personal income.
Lot
Built in N/A
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84741, Kanab, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,618 (100%) |
| Owner Occupied HU | 2,226 (61.5%) |
| Renter Occupied HU | 651 (18.0%) |
| Vacant Housing Units | 741 (20.5%) |
| Median Home Value | $448,201 |
| Average Home Value | $473,836 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,608
Multi-Family
60
Businesses
316
Nearby investment properties with comparable rents
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Listed by: Shanell R Heely • Distinction Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #1989617
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-17 04:45:44 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)