Melody Plan, Red Slate EstatesHurricaneUT84737
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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 Hurricane at Melody Plan, Red Slate Estates, Hurricane, UT, 84737 priced at $627,990 converts $2,874/mo rent into after a $3,074/mo obligation. Total monthly income equals $2,874/mo. Return on cash invested prints 15.37% in year one, and rental yield reads 5.49% against a $627,990 entry. Equity gained on principal adds $4,052/yr, while 5% annual appreciation compiles into $173,502 by year five. Five-year ROI reaches 78.04% and total cumulative return in cash sums $161,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $3,074/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84737, Hurricane, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,476 (100%) |
| Owner Occupied HU | 7,931 (69.1%) |
| Renter Occupied HU | 1,869 (16.3%) |
| Vacant Housing Units | 1,676 (14.6%) |
| Median Home Value | $535,201 |
| Average Home Value | $561,600 |
Housing Distribution
Address Breakdown
Residential
9,343
Single Family
9,054
Multi-Family
289
Businesses
744
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