613 S State StMount PleasantUT84647
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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 Mount Pleasant at 613 S State St, Mount Pleasant, UT, 84647 offers a 7.75% rental yield on a $339,000 purchase with $2,190/mo rent. Total monthly income registers $2,190/mo, and a $1,659/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,440/yr on $112,379 to close, and return on cash invested stands at 22.08% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 114.08% and total cumulative return in cash at $128,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,190/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84647, Mount Pleasant, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,132 (100%) |
| Owner Occupied HU | 1,378 (64.6%) |
| Renter Occupied HU | 377 (17.7%) |
| Vacant Housing Units | 377 (17.7%) |
| Median Home Value | $382,308 |
| Average Home Value | $454,597 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,454
Multi-Family
22
Businesses
161
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Listed by: Tiffany Alder Bown • Century 21 Essentials Realty
Mls Name: UtahRealEstate.com
Mls ID: #2130104