506 E Main StMidwayUT84049
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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
Investment Highlights
Rental property for sale in Midway at 506 E Main St, Midway, UT, 84049 offers $3,295/mo rent that, after a $5,384/mo payment. Total monthly income is $3,295/mo. Return on cash invested measures 9.76% in year one, and rental yield stands at 3.59% at a $1,100,000 entry. Equity gained on principal adds $7,098/yr while 5% annual appreciation compounds into $303,910 by year five. Five-year ROI records 47.86% and total cumulative return in cash reaches $170,563. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,295/mo property income versus a $5,384/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.45 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
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Nearby investment properties with comparable prices
Listed by: Lisa Kohler Orme • Davis Coleman Realty
Mls Name: PCBR
Mls Provider:
Mls ID: #12502060
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS. The multiple listing information is provided by Park City Board of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are 2025 Park City Board of REALTORS, All Rights Reserved. Access to the multiple listing information through this website is made available by Zillow Inc. as a member of the Park City Board of REALTORS multiple listing service.