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371 W 480 S photo 11 / 16
Single Family

$405,900

371 W 480 S, Ephraim, UT 84627

Type

SFR

List Price

$405,900

Price/Sqft

$333

Est Gross Yield

4.8%

$19,596/yr est.

Property Details

Property typeSingle Family
Year built2026
Total units1
Living area1,220 sqft
Bedrooms3
Bathrooms2
Lot size0.1 acres
Parking2 spaces
Days on market2
Listed2026-07-20T00:00:00+00:00

Description

Welcome to Ephraim Landing, a new single-family home community that is focused on making home ownership a reality. FlexReady Homes offer a unique approach that gets you into your new home today AND is designed to grow with you as your needs grow. This FlexReady home starts with a beautiful 2-story, 3 bedroom base design (1,220 sq ft) with 9 foot ceilings, large windows, premium kitchen with quartz countertops & appliance package, washer & dryer, tankless on-demand hot water system, two-car garage, fenced yard, and 300 sq ft of attic truss storage. When ready, easily expand your home by finishing the 400 sq ft shell to create a large owner's suite, home office, or studio apartment to offset your mortgage (side entrance and pre-framed stairs for private access). Additionally, FlexReady has partnered with Security National Mortgage to offer an exclusive $50,000 FlexFinancing Plan that can reduce your initial mortgage making it easy to get into your new home and start growing equity. Come see how FlexReady is bringing quality, flexibility and affordability back to single-family homes!

Listed by Ryan Biddulph · Covenant Realty

Location

371 W 480 S, Ephraim, UT 84627

Proforma

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Cap Rate

3.21%

Cash-on-Cash

-3.91%

Cash Flow

-$496/mo

Purchase Price$405,900
Down Payment35% ($142,065)
Interest Rate6.00%
Monthly Rent$1,633/mo
Vacancy5%
Expense Ratio30% ($5,585)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/22/2026, 9:11:42 PM. 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. Listing data provided by UtahRealEstate.com.