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723 E VANESSA LN photo 11 / 11
Single Family

$115,000

723 E VANESSA LN, Garden City, UT 84028

Type

SFR

List Price

$115,000

Price/Sqft

$128

Est Gross Yield

12.1%

$13,920/yr est.

Property Details

Property typeSingle Family
Year built1970
Total units1
Living area900 sqft
Bedrooms2
Bathrooms2
Lot size0.15 acres
Parking3 spaces
Days on market85
Listed2026-04-02T00:00:00+00:00

Description

Single-wide trailer currently under renovation and not in a livable condition. This is a great opportunity for an investor or buyer looking to customize and add value. Buyer may continue the remodel or choose to remove the structure: a demolition bid from a local contractor is available upon request. The property includes a 2002 Forrest River Toy-hauler fifth wheel trailer, providing a convenient place to stay during the remodel. Located in a desirable community featuring a swimming pool, park and playground. The golf course is just a few minutes away. Enjoy easy access to the lake which is just a short distance away.. There is something for everyone to do in this small town feeling community. Making this the ideal spot for outdoor enthusiasts or those looking to enjoy a comfortable year round living. Short term rentals are not allowed.

Listed by Gail M Nichol · RE/MAX Peaks

Location

723 E VANESSA LN, Garden City, UT 84028

Proforma

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Cap Rate

8.05%

Cash-on-Cash

8.99%

Cash Flow

$323/mo

Purchase Price$115,000
Down Payment35% ($40,250)
Interest Rate6.00%
Monthly Rent$1,160/mo
Vacancy5%
Expense Ratio30% ($3,967)

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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 6/26/2026, 1:02:22 AM. 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.