1229 Redbud DrPark CityUT84098
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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 1229 Redbud Dr, Park City, UT, 84098 uses $335,308 cash to close to unlock $101,587/yr annual cash flow and $8,466/mo monthly cash flow. Total monthly income runs $14,630/mo, and a $5,065/mo payment keeps the spread at $8,466/mo. Purchase price stands at $1,034,900, and rental yield measures 16.96% with $14,630/mo rent. Return on cash invested shows 50.67% in year one, and 5% annual appreciation builds toward $285,924 over five years. Five-year ROI reaches 267.37% and total cumulative return in cash records $896,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $14,630/mo property income covering a $5,065/mo payment rather than investor’s personal income.
Single Family
Built in 2023
4,791 sqft lot
$N/A/sqft
$1,188 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84098, Park City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 6,821 (60.1%) |
| Renter Occupied HU | 1,603 (14.1%) |
| Vacant Housing Units | 2,918 (25.7%) |
| Median Home Value | $1,288,462 |
| Average Home Value | $1,368,166 |
Housing Distribution
Address Breakdown
Residential
9,222
Single Family
5,644
Multi-Family
3,578
Businesses
979
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Listed by: Cole Klekas • Engel & Volkers Park City
Mls Name: PCBR
Mls Provider:
Mls ID: #12403523
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS. The multiple listing information is provided by Park City Board of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are 2022 Park City Board of REALTORS, All Rights Reserved. Access to the multiple listing information through this website is made available by Zillow Inc. as a member of the Park City Board of REALTORS multiple listing service.