715 N 400 E, Nephi, UT, 84648 | 3.8% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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715 N 400 E, Nephi, UT, 84648 | 3.8% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nephi at 715 N 400 E, Nephi, UT, 84648 offers a 3.8% rental yield on a $749,999 purchase with $2,376/mo rent. 24% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 50.5% and total cumulative return in cash at $124,601. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,376/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1975

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

The ONE you've been waiting for!!! Simply put, this home is Quintessenital! The perfect combination of everything you could ask for in a home. Completely remodeled and ready for many more years of memories to be made. Featuring single level living with an open floor plan that is inviting and welcoming to everyone one who enters. Enjoy the large kitchen with all stainless steel appliances, a built-in microwave, double ovens and induction cooktop. The home features high end finishes such as waterproof LVP flooring, Granite, Quartz, and Quartzite countertops. There are two large family rooms on the main floor of which BOTH have a wood burning fireplace. The primary suite offers a custom built in wardrobe, a large shower, and double sink vanity that is well lit for anyone getting ready in the mornings. The main floor offers 2 bedrooms, 3 beautiful bathrooms, and laundry. Downstairs you will find 3 more bedrooms and a bathroom that features a huge 9 foot double sink vanity and 5 and a half foot deep soaker tub. There is a second full kitchen with stainless steel appliances, family room, laundry, wood burniing fireplace, and separate entrance. The home also features central heating and air through out. This home sits on a beautiful .35 acre corner lot in the most desireable area of Nephi. WIth 50 year old mature trees, a beautfully landscaped yard, and large covered patio, you'll find yourself enjoying the outside of the home almost as much as the inside. With spectacular views of Mt. Nebo and the ability to hop on your ATV and ride off the driveway straight to the mountains, this home really has it ALL!