531 N Northridge AveSaint GeorgeUT84770
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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
Rental property for sale in Saint George at 531 N Northridge Ave, Saint George, UT, 84770 priced at $350,000 converts $2,390/mo rent into $339/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,390/mo, and annual cash flow totals $4,064/yr on $116,025 invested. Return on cash invested prints 23.41% in year one, and rental yield reads 8.19% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 121.21% and total cumulative return in cash sums $140,630. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,390/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Townhouse
Built in 1998
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84770, Saint George, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,832 (100%) |
| Owner Occupied HU | 11,136 (48.8%) |
| Renter Occupied HU | 7,108 (31.1%) |
| Vacant Housing Units | 4,588 (20.1%) |
| Median Home Value | $571,248 |
| Average Home Value | $636,843 |
Housing Distribution
Address Breakdown
Residential
18,981
Single Family
18,840
Multi-Family
141
Businesses
2,011
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Listed by: Lauren M Evans • ERA BROKERS CONSOLIDATED SG
Mls Name: WCBR
Mls ID: #25-264415