1141 E 1320 S #D401ProvoUT84606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1141 E 1320 S #D401, Provo, UT, 84606 earns from $1,290/mo rent with a $1,297/mo payment. Total monthly income totals $1,290/mo. ROI tracks 14.74% on current figures, and rental yield reads 5.84% at a $264,900 purchase. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 over five years. Five-year ROI reaches 75.26% and total cumulative return in cash sums $66,092. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,290/mo property income instead of your personal income.
Condo
Built in 2020
3,484 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84606, Provo, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,094 (100%) |
| Owner Occupied HU | 2,547 (21.1%) |
| Renter Occupied HU | 8,696 (71.9%) |
| Vacant Housing Units | 851 ( 7.0%) |
| Median Home Value | $523,120 |
| Average Home Value | $562,309 |
Housing Distribution
Address Breakdown
Residential
10,921
Single Family
8,652
Multi-Family
2,269
Businesses
544
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Nearby investment properties with comparable prices
Listed by: Brady Deucher • The Blackstone Property Group PLLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2017726
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-16 18:12:35 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)