5801 S Garnet Dr #2-301Saint GeorgeUT84790
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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 5801 S Garnet Dr #2-301, Saint George, UT, 84790 generates $1,800/mo in rent and, after a $1,407/mo payment, leaves $115/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $1,381/yr on $95,306 invested. Return on cash invested sits at 21.36% in year one, and rental yield is 7.51% on a $287,500 entry. Equity gained on principal adds $1,855/yr, while 5% annual appreciation builds toward $79,431 over five years. Five-year ROI reaches 110.23% and total cumulative return in cash sums $105,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84790, Saint George, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,406 (100%) |
| Owner Occupied HU | 17,466 (71.6%) |
| Renter Occupied HU | 4,678 (19.2%) |
| Vacant Housing Units | 2,262 ( 9.3%) |
| Median Home Value | $621,089 |
| Average Home Value | $684,205 |
Housing Distribution
Address Breakdown
Residential
22,487
Single Family
21,536
Multi-Family
951
Businesses
1,526
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Listed by: Dallas Curtis • Red Rock Real Estate LLC
Mls Name: UtahRealEstate.com
Mls ID: #2122394