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742 W 400 S photo 11 / 26
Single Family

$390,000

742 W 400 S, Payson, UT 84651

Type

SFR

List Price

$390,000

Price/Sqft

$198

Est Gross Yield

7.1%

$27,660/yr est.

Property Details

Property typeSingle Family
Year built1940
Total units1
Living area1,966 sqft
Bedrooms4
Bathrooms2
Lot size0.18 acres
Parking1 spaces
Days on market127
Listed2026-02-17T00:00:00+00:00

Description

Discover the potential of this 1,966 sq. ft. rambler/ranch style home located in the heart of Payson. This residence offers a functional layout featuring 4 bedrooms and 2 bathrooms distributed evenly across the main floor and a 100% finished basement. The interior boasts durable laminate and carpet flooring,. Comfort is maintained year-round with forced air heating and a roof-mounted evaporative cooler. Situated on a 0.18-acre lot, the exterior is fully landscaped and includes a fully fenced yard, a patio, and a convenient storage shed. Parking is provided by a 1-car carport. Located within the Nebo School District, students have access to Wilson Elementary and Payson High School. Please note: This is a short sale requiring third-party approval. The property is being sold "as is". Square footage figures are provided as courtesy estimates only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Listed by Teri H Taylor · KW WESTFIELD

Location

742 W 400 S, Payson, UT 84651

Proforma

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Cap Rate

4.72%

Cash-on-Cash

0.11%

Cash Flow

$13/mo

Purchase Price$390,000
Down Payment35% ($136,500)
Interest Rate6.00%
Monthly Rent$2,305/mo
Vacancy5%
Expense Ratio30% ($7,883)

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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 6/24/2026, 9:30:28 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.