1125 Park Ave #3Park CityUT84060
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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 Park City at 1125 Park Ave #3, Park City, UT, 84060 uses $248,395 cash to close to unlock $166,262/yr annual cash flow and $13,855/mo monthly cash flow. Total monthly income runs $18,280/mo, and a $3,695/mo payment keeps the spread at $13,855/mo. Purchase price stands at $755,000, and rental yield measures 29.05% with $18,280/mo rent. Return on cash invested shows 86.99% in year one, and 5% annual appreciation builds toward $208,593 over five years. Five-year ROI reaches 462.13% and total cumulative return in cash records $1,147,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $18,280/mo property income covering a $3,695/mo payment rather than investor’s personal income.
Single Family
Built in 2023
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84060, Park City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,187 (100%) |
| Owner Occupied HU | 2,555 (27.8%) |
| Renter Occupied HU | 1,266 (13.8%) |
| Vacant Housing Units | 5,366 (58.4%) |
| Median Home Value | $1,797,414 |
| Average Home Value | $1,646,951 |
Housing Distribution
Address Breakdown
Residential
2,867
Single Family
2,270
Multi-Family
597
Businesses
748
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Listed by: Mike Hludzinski • EXP Realty, LLC (Park City)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2026398
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 11:02:32 PDT. 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. [Click here for more information](/info/mls-disclaimers/#mls_319)