550 E Canyon RdFillmoreUT84631
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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 Fillmore at 550 E Canyon Rd, Fillmore, UT, 84631 priced at $499,000 converts $2,990/mo rent into $66/mo cash flow after a $2,442/mo obligation. Total monthly income equals $2,990/mo, and annual cash flow totals $788/yr on $165,419 invested. Return on cash invested prints 20.39% in year one, and rental yield reads 7.19% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 104.97% and total cumulative return in cash sums $173,634. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,990/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84631, Fillmore, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,429 (100%) |
| Owner Occupied HU | 989 (69.2%) |
| Renter Occupied HU | 256 (17.9%) |
| Vacant Housing Units | 184 (12.9%) |
| Median Home Value | $344,595 |
| Average Home Value | $361,044 |
Housing Distribution
Address Breakdown
Residential
928
Single Family
928
Multi-Family
0
Businesses
149
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