1024 W 500 NProvoUT84601
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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
Investment property for sale in Provo at 1024 W 500 N, Provo, UT, 84601 listed at $525,000 pairs $3,283/mo rent with a $2,570/mo payment to leave $206/mo cash flow. Total monthly income runs $3,283/mo, and annual cash flow reaches $2,466/yr on $172,725 cash to close. Return on cash invested measures 21.49% in year one, and rental yield registers 7.5% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 110.85% and total cumulative return in cash totals $191,469. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,283/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84601, Provo, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,674 (100%) |
| Owner Occupied HU | 5,409 (46.3%) |
| Renter Occupied HU | 5,828 (49.9%) |
| Vacant Housing Units | 437 ( 3.7%) |
| Median Home Value | $505,865 |
| Average Home Value | $508,499 |
Housing Distribution
Address Breakdown
Residential
11,794
Single Family
10,303
Multi-Family
1,491
Businesses
981
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