89 E Steam Engine Dr #3ABrian HeadUT84719
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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 Brian Head at 89 E Steam Engine Dr #3A, Brian Head, UT, 84719 priced at $275,000 converts $1,193/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,193/mo. Return on cash invested prints 9.79% in year one, and rental yield reads 5.21% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 49.86% and total cumulative return in cash sums $45,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,193/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84719, Brian Head, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,201 (100%) |
| Owner Occupied HU | 79 ( 6.6%) |
| Renter Occupied HU | 25 ( 2.1%) |
| Vacant Housing Units | 1,097 (91.3%) |
| Median Home Value | $581,140 |
| Average Home Value | $561,551 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
21
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Listed by: Melanie Devries • ERA Realty Center
Mls Name: ICBOR
Mls ID: #113147
Disclaimer: Copyright Iron County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.