1244 E 800 N #43Spanish ForkUT84660
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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 Spanish Fork at 1244 E 800 N #43, Spanish Fork, UT, 84660 offers a 7.48% rental yield on a $335,000 purchase with $2,089/mo rent. Total monthly income registers $2,089/mo, and a $1,640/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,502/yr on $111,053 to close, and return on cash invested stands at 21.26% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 109.7% and total cumulative return in cash at $121,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,089/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84660, Spanish Fork, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,380 (100%) |
| Owner Occupied HU | 11,239 (78.2%) |
| Renter Occupied HU | 2,720 (18.9%) |
| Vacant Housing Units | 421 ( 2.9%) |
| Median Home Value | $577,761 |
| Average Home Value | $623,470 |
Housing Distribution
Address Breakdown
Residential
14,043
Single Family
13,982
Multi-Family
61
Businesses
1,172
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Listed by: Shelley King • Edge Realty
Mls Name: UtahRealEstate.com
Mls ID: #2098522