65 LexingtonKanabUT84741
Nearby investment properties with comparable rents
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 Kanab at 65 Lexington, Kanab, UT, 84741 priced at $249,000 converts $2,270/mo rent into $810/mo cash flow after a $1,219/mo obligation. Total monthly income equals $2,270/mo, and annual cash flow totals $9,724/yr on $82,544 invested. Return on cash invested prints 31.69% in year one, and rental yield reads 10.94% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 165.62% and total cumulative return in cash sums $136,712. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,270/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84741, Kanab, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,618 (100%) |
| Owner Occupied HU | 2,226 (61.5%) |
| Renter Occupied HU | 651 (18.0%) |
| Vacant Housing Units | 741 (20.5%) |
| Median Home Value | $448,201 |
| Average Home Value | $473,836 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,608
Multi-Family
60
Businesses
316
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