7031 N Dry Fork Settlement Rd WVernalUT84078
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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 Vernal at 7031 N Dry Fork Settlement Rd W, Vernal, UT, 84078 priced at $1,219,000 converts $2,034/mo rent into after a $5,966/mo obligation. Total monthly income equals $2,034/mo. Return on cash invested prints 4.84% in year one, and rental yield reads 2% against a $1,219,000 entry. Equity gained on principal adds $7,866/yr, while 5% annual appreciation compiles into $336,787 by year five. Five-year ROI reaches 21.51% and total cumulative return in cash sums $84,961. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $5,966/mo payment, not borrower’s personal income.
Single Family
Built in 2019
10.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84078, Vernal, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,967 (100%) |
| Owner Occupied HU | 7,420 (62.0%) |
| Renter Occupied HU | 3,345 (28.0%) |
| Vacant Housing Units | 1,202 (10.0%) |
| Median Home Value | $370,853 |
| Average Home Value | $424,813 |
Housing Distribution
Address Breakdown
Residential
10,614
Single Family
10,565
Multi-Family
49
Businesses
1,076
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Listed by: Madonna Allen • Mad About Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2064787
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-19 10:51:38 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)