Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Midway at 832 E Michie Ln, Midway, UT, 84049 offers $4,561/mo rent that, after a $3,720/mo payment, leaves $106/mo cash flow. Total monthly income is $4,561/mo, and annual cash flow is $1,276/yr on $250,040 cash. Return on cash invested measures 20.57% in year one, and rental yield stands at 7.2% at a $760,000 entry. Equity gained on principal adds $4,904/yr while 5% annual appreciation compounds into $209,974 by year five. Five-year ROI records 105.93% and total cumulative return in cash reaches $264,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,561/mo property income versus a $3,720/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84049, Midway, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,487 (100%) |
| Owner Occupied HU | 2,094 (60.1%) |
| Renter Occupied HU | 431 (12.4%) |
| Vacant Housing Units | 962 (27.6%) |
| Median Home Value | $915,870 |
| Average Home Value | $1,015,659 |
Residential
2,478
Single Family
2,282
Multi-Family
196
Businesses
244
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Becky Wilde • Mountain Property Management
Mls Name: PCBR
Mls ID: #12504840
